In Silicon Valley's Cupertino,
a dutiful grandson eagerly awaits
an annual U.S. Savings Bond
from his indulgent grandfather,
a manufacturer in Shanghai
who shuffles yuans, reading
his falling quarterly orders
report on the United States.
This year his indulgence
will bear the 2-tongued-E
of a Eurobond instead.
Facing the Chinese in Beijing,
Paulson involuntarily shudders
at a hint of chill across the table.
Something’s morphing. Paper’s
no longer just promissory scrip.
(O5 DEC 08, Santa Clara CA)v3
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