China warns US on ‘debt addiction’; demands global supervision of dollar issues

Monday, August 8th 2011 - 04:14 UTC

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Beijing bluntly criticized the United States after the superpower's credit rating was downgraded, saying the “good old days” of borrowing were over. S&P cut the US long-term credit rating from top-tier AAA by a notch to AA-plus on yesterday, over concerns about the nation's budget deficits and climbing debt burden. Read full article

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briton
When the ambitious get worried,
Harsh words are heard.

The Chinese are stretching her lungs,
Soon to be followed by her legs??
Aug 08th, 2011 - 07:12 pm - Link - Report abuse 0
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