clipped from online.wsj.com
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Thursday, January 29, 2009
He's angry,and his country practically OWNS the U.S.
1/29/09 - China's "nuclear option"? It goes beyond "the bomb": The possibility of the largest foreign holder of U.S. Treasurys CEASING to finance our country's burgeoning deficit. I.e., Via purchase of large blocks of U.S. government debt instruments. They might, for example, decide to do more selling instead.
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