Detailed text transcripts for TV channel - MSNBC - 20101207:04:10:00
Plus interest. and that's just based on the ç borrowing we know about. in march, economist simon johnson spoke to the u.s. china economic and security review commission about a $170 billion increase in the uk's holdings of u.s. treasuries. a great deal of that increase he said, quote, may be due to china placing offshore dollars in london-based banks. at the time the uk held a told of $279 billion in u.s. debt. in the six months since then, that has increased by another $180 billion, making the uk and its unknown customers the third largest holder of u.s. debt. caribbean banking centers and ...
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