Read More »"/> Read More »"/> May 24, 2012 | MyGovCost | Government Cost Calculator

Archive for May 24th, 2012

Deprecated: Function get_the_author_description is deprecated since version 2.8.0! Use get_the_author_meta('description') instead. in /nas/content/live/mygovcost/wp-includes/functions.php on line 5383

China’s Special Privileges at the U.S. Treasury

Thursday May 24th, 2012   •   Posted by Craig Eyermann at 7:55am PDT   •   2 Comments

What happens when a foreign government becomes the most important customer for U.S. government-issued debt? Why, that government gets its own special, and up until now, secret bank account at the U.S. Treasury Department! Reuters blows the lid off the special privileges that China now has for buying U.S. debt direct from the source:…
Read More »

Facebook Twitter Youtube

Search MyGovCost