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China’s U.S. Debt Holdings
According to China Daily, China owns $1.13 trillion of US debt. China has $3.20 trillion in foreign exchange reserves. via Chart of the day: China’s U.S. Debt Holdings | Credit Writedowns. The key...
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Five Challenges facing President Obama
On his inauguration in 2009, Barack Obama inherited a massive headache from the GFC. With unemployment stubbornly above 9 percent, efforts to create new jobs have so far proved futile. Low interest...
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