Wolfowitz 'guilty of conflict of interest'

Originally posted by masqua
On a side note... just how much US debt is China buying these days?

Hi masqua, looks like your question is being well handled by fellow ATS'ers at this thread.

I'll just add that the U.S. requires a net inflow of close to $3 BILLION in capitol from foreigners everyday...just to to keep the engine sputtering. However, every now & again our gracious benefactors forget to play their part...as in December 06 when net inflow of foreign capitol fell from $90 Billion Dollars to $15.5 Billion. No problem though...just print-up a batch of new digital $ and buy a few bonds....

....and don't worry about John Q. He will NEVER-EVER understand that this is the real reason he's just never able to get ahead, and stay ahead. When he comes knocking, just make him another loan...sub-prime?...heh heh!...have I got a deal for you!

Peace &
Good Fortune
OBE1

Factoid: "The World Bank defines "extreme poverty" as living on less than $1 per day, and moderate poverty as less than $2 a day." - over 3 billion people living at these levels.