“87 Percent of [Chinese] Respondents Believe China’s Dollar-Assets are Unsafe”

Remember how the Chinese laughed at Geithner when he said their American investments were safe?

The laughter was not just the opinion of those sitting in the audience listening to Geithner’s speech.

One of China’s official newspapers, The Global Times, reports that an online poll of Chinese citizens found that 87 percent of respondents believe China’s dollar-assets are unsafe.

The paper concluded, “Ordinary Chinese people are discontent with the declining value of China’s huge foreign exchange reserves denominated in U.S. dollars.”

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  • http://Anonymousnoreply@blogger.com Anonymous

    but hey, if they run out of toilet paper there in China, they can unwrap those T-bills of ours and use those. they're a bit hard on your ass, especially if you use the part with the seal, that's particularly hard on your sphincter. Least they know they have a backup for toilet paper if the supplies of that run low.

  • http://Anonymousnoreply@blogger.com Anonymous

    At this time I would like to thank Richard Nixon(pup it) and the new world order for destroying this great country for their own greedy pity anti human plan to create a world government. It is our God given right to be free so you are fighting the Big man on this one and we will win!

 

 

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