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« Dollar Weakness and Stock Market Strength -- the Data | Main | Specific Expertise: Insisting on the Best Information »

November 15, 2009


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If China wants to sell us stuff, they must accept cash or bonds... some capital in return. That is a fact of trade flows.

When pundits argue that China can stop collecting our capital, it's true, but then we would stop buying theirs, by definition.

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