China to U.S.: 'Clock is ticking' on deal to avoid default

[Rosa Luxemburg]

Source: NBCNEWS.com

A top Chinese official chided Washington on Monday about the government shutdown and the debt-ceiling impasse, fretting that the political gridlock could leave the economy of America's top foreign creditor in a jam.

Vice Finance Minister Zhu Guangyao told reporters that he understands the White House is working to resolve the double-edged crisis, but expressed impatience with the lack of progress.

"We have to see that the clock is ticking," Zhu said, according to Agence France Presse.


White House Press Secretary Jay Carney talks about the Obama administration's position on the debt ceiling.

"The executive branch of the U.S. government has to take decisive and credible steps to avoid a default on its Treasury bonds," he said.


Read more: http://worldnews.nbcnews.com/_news/2013/10/07/20856546-china-to-us-clock-is-ticking-on-deal-to-avoid-default?lite

---

ANOTHER FINE MESS, REPUBLICANS!

[Indi Guy]

1. This should dispel any doubt that the GOP is a traitorous institution - bought off by foreign money.

eom

[DeSwiss]

2. A ''RED NOTICE'' Letter from our creditors.

- How embarrassing. It's like we're a nation of this guy:



K&R

[quadrature]

3. simple solution...threaten to stop buying Chinese stuff ..nt

[Javaman]

9. we don't have to threaten anything...

they loaned us the money through t-bonds.

we fail to pay that loan when we default by devaluing the dollar and our image.

the chinese regardless of their statement are worried.

[freshwest]

4. Rand says to pay the Chinese their interest. But the rest of us can eat dirt, huh?

[oldandhappy]

5. Speak louder China!

Get yourselves an interview on Fake News. Please!!!!!

[blkmusclmachine]

6. .

.

[Katashi_itto]

7. I wonder if Foreign countries are looking hard at these teabaggers as a real threat.

How far will foreign countries will go to protect their interests?

After all trillions of dollars, massive economies riding on a non-default US and only a few score individuals in the way of that.

[Indi Guy]

8. China sure likes access to our markets, but here's the trade-off...

[madrchsod]

11. actually the citizens of the usa are the largest holder of us debt

http://exclusiveeconomy.com/2011/01/whose-the-biggest-holder-of-u-s-debt/

the chinese will have to wait their turn.....

[Rosa Luxemburg]

13. I'm surprised that the UK has any to lend?

[madrchsod]

10. did the chinese forget we have a system of government that allows such idiocy to take place?

yup it`s called a democracy where the dumbest sob`s can be elected.

[RitchieRich]

12. If the Syria "red line" was an elaborate ploy to get the true effect...

...Perhaps Boner is also secretly a master statesman? He will single handed bring down the new great Red threat!
(cue the release of doves and ticker tape)


hmmm. who thought of it first?