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U.S. Assures ‘Concerned’ China It Will Shrink Deficit

hypocritexposer

Well-known member
July 28 (Bloomberg) -- Treasury Secretary Timothy Geithner pledged to rein in the U.S. deficit as China underscored concern about preserving the value of its $801.5 billion of Treasury holdings.

The U.S. will ensure a “sustainable” deficit by 2013, Geithner said at the beginning of the first round of Strategic and Economic Dialogue talks under President Barack Obama in Washington. China is “concerned about the security of our financial assets,” Assistant Finance Minister Zhu Guangyao said.

http://www.bloomberg.com/apps/news?pid=20601087&sid=ahbrpBhqRYVQ
 

Sandhusker

Well-known member
When your banker is calling you in with concerns, you're on dang shaky ground. Yet these morons are still talking about another trillion on a health boondoggle and ramming through cap and bankrupt.

Could it get any stupider?
 
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