This has been brought up before, but only on shows such as Bill Moyers' Journal and the like. What happens if China decides it no longer wants to "fund" our growing debt by buying U.S. debts securities, such as Treasuries? On Friday, Chinese PM Wen Jiabao expressed, strikingly, concern about the safety of China’s $1 trillion investment in American government debt.
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This afternoon the Premier Minister of China Wen Jiabao was thrown a shoe while addressing the audience at the University of Cambridge. The incident happened almost in the same manner as it was in Iraq when a reporter threw his shoes at then-President George W. Bush in December. However, the matter was handled in a more civil and calm way in London compared to the swift and near-violent way of handling in Iraq.
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