Washington - International purchases of American financial assets slowed in April as China, Japan and Russia pared demand for Treasuries, underscoring the danger of U.S. reliance on foreigners to finance its fiscal deficit.
Total net purchases of long-term equities, notes and bonds rose a net $11.2 billion, compared with buying of $55.4 billion in March, the Treasury said today in Washington.
[I.e., they recognize printed-funny-money when they see it.]
READ MORE
No comments:
Post a Comment