Monday, April 30, 2007

What? Me? Worry?

Don Boudreux has an excellent post on the fear many Americans have about the large Chinese holdings of US Treasuries.

Is there real reason for Americans to worry about the Chinese government buying and accumulating lots of dollar-denominated assets?

Probably not.

Like Professor Boudreaux, I do not worry much about the Chinese doing something that will hurt them as much, or more, than it will hurt America. Read the entire post by clicking on the title of this post.

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