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FTA: “Chinese assets are very safe,” Geithner said in response to a question after a speech at Peking University, where he studied Chinese as a student in the 1980s. His answer drew loud laughter from his student audience” This big lie from the idiot heading the US Treasury? Funny he ignored that the [...] Forbes.com — By Alister Bull WASHINGTON, May 28 (Reuters) – Rising U.S. government bond yields could force the Federal Reserve to expand a massive program to buy Treasury and mortgage-related debt, and if it does, it may need to be much more aggressive to be effective. The Fed’s second-in-command Donald Kohn gave a clear signal [...] |
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