And the general idea was that these Asians are saving too much. They are the ones who are essentially investing in the United States and the evidence for this was that the Chinese were buying a lot of US Treasuries and other central banks in East Asia were buying a lot of treasuries. Ho...
Most of the dollar outflow has ended up in government-controlled banks in the Middle East, Russia, China and other Asian nations. To raise money to cover the budget deficit the U.S. gov- ernment buys dollars back from foreign banks and investment funds by selling them Treasury securities,...
Come join the fun in Sundance Square Plaza to celebrate the start of the holiday season with the lighting of the beautiful 57′-foot tall live Christmas tree. Festivities start at 4:00pm — watch for Toy Soldier stilt walkers, beloved cast members ofThe Nutcrackerballet, and sing-a-long to...