CNN Fareed Zakaria GPS October 20, 2013 14:41:00
Maybe we should diversify. we don't need those many treasury bills. >> i think that's perfectly plausible. if they regard these and they did in some ways as safest assets in the world, and then that must have taken a knock. it's clear that we're going to see this again in a few months. there will be this discussion. we don't know what will happen. it might be the beginning of an ongoing circus that clearly frightens wealth holders. treasuries are a bad long-term wealth holding. they need real high returns and david lee is right china should look at the whole asset ko composition of foreign ass...
Source: archive.org