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: Instapundit.comCHINA CUTS UP AMERICA?S CREDIT CARDS. ?Government data released for June 2009 shows that China has ?
By Glenn Reynolds
CHINA CUTS UP AMERICA’S CREDIT CARDS. “Government data released for June 2009 shows that China has begun to make good on its forecast to start reducing exposure to US government debt. This was not done for ideological or political reasons, as some may claim, but rather because of an honest risk vs. reward assessment and internal forces threatening to tear the rosy veneer from China?s economy.”
Full post as published by Instapundit.com on August 26, 2009 (boomark / email).
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