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Being too busy yesterday, I didn't participate in Follow Me.
As we all know that the US government has been borrowing money a long time ago. This activity was caused by the continuous prosperity of American economy in the 1990s, the American people's demand was too vigorous that it overtaked the nationals' income, then the huge trade deficit came.
China is the biggest Treasury bondholder and the direct victim of the default. Under this situation, definitely our government should take some actions on our foreign exchange reserves. If the US cannot raise enough money to cover our payments(sooner or later it will happen), its time to find a more safe and efficient place to invest our cash.
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