Friday, March 13, 2009

China worries over US bonds

Chinese Premier Wen is now making noises about selling US bonds and buying gold. He is worried about the US going under. China askes US for debt assurance. The Chinese call our president Barack Madoff who gave them worthless green pieces of paper. They are talking about moving to the euro.

Here is chart of the dow jones as per Wall Street Journal. It don't look pretty.

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