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Apr 20, 2006

Hey, George, Meet Another New Boss Of You....

China recently surpassed Japan to become the largest holder of $833 billion of dollar reserves, most of which is thought to be invested in US Treasuries.
Before the man-on-man walk, the Preznit whined and begged:
"Last July, the Chinese made a major decision on their currency. There has been some appreciation in the currency. We would hope there would be more appreciation in the currency."

"(President Hu) recognizes that a trade deficit with the United States is essentially -- what it is, is unsustainable."

"Obviously, the Chinese government takes the currency issue seriously, and so do I."

"I appreciate his statement very much because the American people -- all we want to do is be treated fairly in the international marketplace."

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5 Comments:

At April 20, 2006 at 3:34 PM, Anonymous Richard White said...

Why doesn't President Bush invade China because they are not a democracy?

 
At April 20, 2006 at 3:46 PM, Anonymous Anonymous said...

Fix that stupid photo. Got photoshop?

 
At April 20, 2006 at 4:02 PM, Blogger Clemsy said...

"China recently surpassed Japan to become the largest holder of $833 billion of dollar reserves, most of which is thought to be invested in US Treasuries."

Do you have a link for that data? I'd like to update info I posted today on mt own blog.

Thanks

 
At April 20, 2006 at 4:12 PM, Blogger whaleshaman said...

anonymous:

no, life didn't give me photoshop.

but when and if it does, want me to fix this one too?

Hey, George, Meet The New Boss Of You...

 
At April 20, 2006 at 5:58 PM, Blogger Clemsy said...

Thanks for the link!

Clemsy, bowing

 

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