In a post last week I mentioned the deteriorating current account surplus of Japan and its impact on our national debt. Consider the following:
China Slows Purchases of U.S. and Other Bonds
http://www.nytimes.com/2009/04/13/business/global/13yuan.html?_r=1&ref=business
I tried to find the data myself, but the People's Bank of China website is terrible. Suffice it to say, with fewer buyers of Treasury debt, something has to give.
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