|
Kirby Daley said on 2009.02.23 that China will not have sufficient amount of money to buy all US treasuries that will have to be issued. The difference will have to be printed by Ben Bernanke and Federal Reserve or the interest rates would have to go up dramatically, just as they did in late 70'...
Tags:
gold News Daley debt money China bond Kirby treasuries treasury US dollar News |