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Las Vegas Business Press
Thursday, August 28, 2008
China and Other U.S. Creditors To Pay for Katrina Reconstruction

By Dave Berns
September 22, 2005

“So we will borrow what we need to rebuild Louisiana and her neighbors. The future beneficiaries of that policy will be our creditors, including China and her neighbors. Right now, they like investing in America by owning our debt. And in the long run, creditor nations tend to rise as debtor nations decline,” writes NPR’s Washington Senior Editor Ron Elving.





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