Randomness (r_ness) wrote,
Randomness
r_ness

Chinese students laugh at Geithner.

This isn't a particularly surprising occurrence, but apparently much of the American media have chosen (or been asked) not to say much about it.

From http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5423650/Geithner-insists-Chinese-dollar-assets-are-safe.html:
In his first official visit to China since becoming Treasury Secretary, Mr Geithner told politicians and academics in Beijing that he still supports a strong US dollar, and insisted that the trillions of dollars of Chinese investments would not be unduly damaged by the economic crisis. Speaking at Peking University, Mr Geithner said: "Chinese assets are very safe."

The comment provoked loud laughter from the audience of students.
I searched around for a video of this, but I couldn't find one.
Tags: money
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