The spin they put on CNBC asia today.

Discussion in 'Wall St. News' started by peilthetraveler, May 31, 2009.

  1. They had reported that foreigners have increased their purchasing of US treasuries by 3.3% and then spun it like that was a good thing.

    Of course purchases went up...china is scared! They are buying treasuries to try to prop up our falling dollar. Thats why they sent the salesman Mr. G to tell china...hey dont worry, we'll pay you back.

    Just like that kid in high school who asked to borrow 10 bucks and here it is 20 years later and you are still waiting for payment.