Geithner says China’s American investments are safe, students burst out laughing

June 3, 2009, 1:00 am · 0 comments

Audience member reacts as Tim Geithner quips, "I just flew in from Washington, DC. And boy, are my arms tired."

Poor Tim Geithner. He gave a speech at a Chinese university and attempted to reassure the students that their government’s immense dollar-denominated assets are safe.

“We believe in a strong dollar,” Geithner told the students at Peking University. “Chinese financial assets are very safe.”

The students laughed. Out loud.

Can’t blame them. You have to admit that it’s one of the funniest things you’ve ever heard.

Source: Reuters.com

Tagged as: China, dollar, investment, United States

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Geithner says China’s American investments are safe, students burst out laughing

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