Our 17 Trillion Dollar Divorce With China

by Benjamin Domenech on 12:51 pm July 10, 2009

William Pesek on China’s concerns about the dollar, and what they’re going to do about it: “Think of China and the U.S. in history’s most expensive divorce. The two economies total $17 trillion of output, and polls in China show little support for adding to almost $800 billion of U.S. Treasuries.” Pessimism rules the day.

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