China: World Can’t Buy More U.S. Debt

US Debt

China the largest holder of U.S. Debt says the world just does not have the money to continue to fund Obama’s Budget Deficit which has quadrupled during the first year of his watch with an out of control spending Democrat Congress.

Zhu Min, Deputy Director of the Peoples Bank of China said, “The United States can’t force foreign governments to increase their holdings of U.S. Securities…the world does not have so much money to buy more U.S. Treasuries.”

More here Via Shanghai Daily

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