Hi if You do not mind " pale" in the "gap" --a little correction in context -please [:D] --- In FairfieldLife@yahoogroups.com, "PaliGap" <compost1uk@...> wrote: > > On the AA+ downgrade: > > 'In a comment article the official Xinhua news agency > said "China ,the largest creditor of the world's sole superpower [:-?] "had "every right now to demand the United States > address its structural debt problems and ensure the safety > of China's dollar assets. International supervision over > the issue of US dollars should be introduced and a new, > stable and secured global reserve currency may also be an > option to avert a catastrophe caused by any single country."' >China, sitting on the world's biggest foreign exchange reserves of around $3.20 trillion as of the end of June, is the largest holder of US Treasuries.... (IMHO" Mister B" shouldn't have borrowed money for his Iraq war in the first place-but this is spilt milk..)
here how's the Reuters headline looks like: China flays U.S. over credit rating downgrade Fri, Aug 5 2011 [A broker reacts at BGC Partners at Canary Wharf financial district in London, August 5, 2011. REUTERS/Luke MacGregor] By Walter Brandimarte <http://blogs.reuters.com/search/journalist.php?edition=us&n=walter.bran\ dimarte&> and Melanie Lee <http://blogs.reuters.com/search/journalist.php?edition=us&n=melanie.lee\ &> NEW YORK/SHANGHAI | Sat Aug 6, 2011 7:37am EDT
