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Re: china proposes to cut 2/3 of its U.S. dollar holdings...
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Published: 8 years ago
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Re: china proposes to cut 2/3 of its U.S. dollar holdings...

Hey N, you have to consider all of those non repay loans issued by the central committe when you consider bank fraud. I guess that money corrupts everyone, party faithful or captialist alike.
It's just wishful thinking on my part, that the US might actually stand up and pay it's debt rather than weaseling out of it by devaluing the dollar.
I'm sure Bernake will have something interesting to say on Wednesday.
Let's see, dollar down equities up, what does BO need to get relected?
You can always blame higher prices on all those evil speculators, mean while you tax the profits and drive them up even higher.
Hum.... We'll see....

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