United States Treasury Secretary Tim Geithner says the People Republic of China has confidence in the American economy. Haha. Get real! China practically owns us. It is nice that Geithner went to China to give them a pep talk on the American economy. After all, this country needs more money to spend.
The U.S. will soon be a third-world country at this rate. We are regressing and the PRC is progressing.
Well, at least President Obama loves China. We have that going for us.
IN THE NEWS:
Bloomberg: Geithner Says China Has Confidence in U.S. Economy
Reuters: Geithner tells China its dollar assets are safe
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