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America May Need to Find Another Financier


AS the United States rolls up record budget deficits, Asian countries are showing a reduced willingness to finance the debt. Figures released by the Treasury Department this week indicated that China reduced its holdings of Treasury securities by $25 billion in June, the most China had ever sold in a month.
http://www.nytimes.com/2009/08/22/business/economy/22charts.html?_r=4&ref=business

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