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Argyll

09/22/05 10:10 PM

#23305 RE: roguedolphin #23299

This is something that could be a serious problem.
China is the second largest holder of US securities. It is the basic funder of US tax cuts, the war in Iraq, and all the deficit spending.
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cliffvb

09/22/05 11:43 PM

#23311 RE: roguedolphin #23299

In other words, China will likely be making offers to pay US$$ for more energy stocks. I have some CHAR I'd probably let them have for $15/share. Or EGY at $10 or...