Date: Tue, 12 Jun 2007 04:11:16 -0500
From: "Wu Tang"
Newsgroups: misc.invest.financial-plan
Subject: china debt servicing may end 2008
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iQBVAwUARm5jNPl/I4+O31e5AQGYXwIA4KPxuLkp3+s5hSTcjGl/IFDxeunEzKmr
Bfc1yvPyCVTQxJr/UGW9icD1j5IVCYSTRBievvzWXyhzCPn3zGhGcA==
=wbtP
here's an interesting point of view that any individual investor may need to know
"..China may well do all that it can, which is significant given that the country is
projected to have an estimated US$1.7 trillion in foreign-exchange reserves by the end
of 2007, to preserve the vitality of the US economy through the 2008 Beijing Summer
Olympics. But after this it may become increasingly obvious that China cannot sustain
both its own domestic concerns with the ongoing drain represented by servicing US
debt. If such a moment comes, Americans may wish that the US Congress had acted in
2007 ..."
http://www.atimes.com/atimes/China_Business/IF12Cb03.html
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