Wen Jiabao, Premier of the fascist People’s Republic of China, in a press conference, in Beijing, expresses his concerns about the United states being able to maintain interest payments on the enormous debts that they owe China:
We have lent a huge amount of money to the United States. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried. I request the U.S. to maintain its good credit, to honor its promises and to guarantee the safety of China’s assets.
[added 10/11/2021] Thanks to Jim Lorenz and Freedom’s Phoenix for this entry.
Subsequent Events:
References:
China’s Leader Says He Is ‘Worried’ Over U.s. Treasuries – The New York Times
www.nytimes.com/2009/03/14/business/worldbusiness/14china.html
China Slows Purchases of U.s. and Other Bonds — NZTimes.com
www.nztimes.com/2009/04/13/business/global/13zuan.html/?_r=1
A Year in Bank Supervision: 2008 and a Few of Its Lessons
www.fdic.gov/regulations/examinations/supervisory/insights/sisum09/bank_supervision.html
Current U.s. National Debt:
