"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Wednesday, December 10, 2008

US the land of the free - where it costs YOU to lend money to the Government


Anonymous said...

If they are scared that their money is not in a safe place, they will pay to move it to a safer place, treasuries. Next step in brain function is to make the question: What they are now afraid of?

Stef said...

'They' might be the US government itself, buying some of its own made-up paper with some of its own, er, made-up paper

which would be just as insane as it sounds

(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish