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China Losing Taste for Debt From U.S.
China Losing Taste for Debt From U.S.
As the global downturn has intensified, Beijing is starting to keep more of its money at home, which could have painful effects for U.S. borrowers. >
Nordlinger: When up is down, c.
article.nationalreview.com — Jay Nordlinger on perverse images, Carter in China, Prince Harry, and more.... (more) Nordlinger: When up is down, c.
U.S. debt is losing its appeal in China
U.S. debt is losing its appeal in China
iht.com — As the global downturn has intensified, Beijing is starting to keep more of its money at home,... just as the U.S. is projecting record deficits. (more) U.S. debt is losing its appeal in China
Refining the point about GW Bush's final press conference
jamesfallows.theatlantic.com — I mentioned a few minutes ago , while GW Bush's final press conference was underway, that the... president seemed unusually "self-aware." That's not quite right. On matters of policy, he revealed himself to be as isolated and out of touch as his critics ... (more) Refining the point about GW Bush's final press conference
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Around the Web in 79.999 Seconds, 1.8.09
The Latest on Air America — Hezbollah said it might happen; no one has claimed credit as of yet, but in an escalation on the violence in Israel, rockets were fired from southern Lebanon, hitting the town of Rafah. Thousands of folks in Washington are forced to abandon their homes in western Washington due to floods. The Congressional Budget Office reports that the US deficit is set a post-war record of $1.2 billion. In related news, Obama signals that $775 million in stimulus may not be enough to keep unemployment numbers from heading into double-digit territory, and things getting, in general, a whole lot worse.  Disturbing news from the corporate ...

China slows down purchase of US debt
AMERICAblog News| A great nation deserves the truth — In this economic climate, who really wants to buy more US debt? More importantly, how is the US going to deal with addressing this ongoing debt problem? Borrowing and living off credit is not going to last forever. ...

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