Roberto Abraham Scaruffi: China is right to have doubts about who will buy all America's debt

Wednesday, 18 February 2009

China is right to have doubts about who will buy all America's debt

Chinese doubts about the value of US Treasury bonds highlight a crucial question: who will buy the estimated $2.7 trillion (£1.9 trillion) to $4.2 trillion of debt expected to be issued over the next two years?