The article I just read is called “China increases holding of US treasury bonds” written by Martin Crutsinger. It talks about how China has held US Treasury debt for the first time in six months; as a consequence United States will be force to pay higher rates so they can finance the debt. The reason why the increase was produced is because of the crisis in Europe, where International Monetary Fund assembled nearly 1 trillion support package to convince investors.
The reason why I chose this article is because I found it really interesting, given that is talking about the financial situation of United States, hence it is talking about huge amounts of money. It was well written, very neat and understandable.
I enjoyed reading the article, but at the same time it got me a little worry about our economy.
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