Chinese economists deem huge holding of US bonds "risky," split on way out | WHAT REALLY HAPPENED


Chinese economists deem huge holding of US bonds "risky," split on way out

On the first day of U.S. treasury secretary Timothy Geithner's visit to China, the Beijing-based Global Times published a survey of 23 famous Chinese economists on Sunday, saying that the majority of them deemed the vast holding of U.S. bonds "risky."

Webmaster's Commentary: 

Unfortunately, these 17 out of 23 people are absolutely right.

And there is very little Geithner can say to reassure China, looking at the economic conditions of the US right now, and for the near future.

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