Hello There, Guest! (LoginRegister)

Post Reply 
China blasts US over Debt; possible G7 teleconference tomorrow
Author Message
ClairtonPanther Offline
people need to wake up
*

Posts: 25,056
Joined: Mar 2005
Reputation: 777
I Root For: Pitt/Navy
Location: Portland, Oregon

Donators
Post: #1
China blasts US over Debt; possible G7 teleconference tomorrow
http://finance.yahoo.com/news/China-flay...2.html?x=0

Quote:White House spokesman Jay Carney said Obama believes "it is important that our elected leaders come together to strengthen our economy and put our nation on a stronger fiscal footing.

Xinhua scorned the United States for a "debt addiction" and "short sighted" political wrangling. China, it said, "has 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 U.S. 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," Xinhua said.


In contrast, France's Baroin said France had faith in the United States to get out of this "difficult period." Friday's U.S. unemployment numbers were better than expected and so things were heading in the right direction, he said.
(This post was last modified: 08-06-2011 02:07 PM by ClairtonPanther.)
08-06-2011 02:05 PM
Find all posts by this user Quote this message in a reply
Advertisement


Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.