World Tired of Taking Us Debt, Warns Greenspan

Evening Standard - London › October 22, 2007

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Summary

FORMER Federal Reserve Chairman Alan Greenspan has warned that foreigners may be reaching their limit in buying US debt.

He said the sliding greenback may reflect a growing unwillingness to buy US securities. "Obviously there is a limit to the extent that obligations to foreigners can reach," Greenspan said in Washington.

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Extract

World Tired of Taking Us Debt, Warns Greenspan

The dollar has fallen to its lowe...

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