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China: "One step closer" to US Dollar crisis

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posted on Sep, 28 2010 @ 08:36 PM
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I'm actually surprised no one brought this up yet. The article from Bloomberg basically says hows a former adviser to China’s central bank believes that a devaluation of the US dollar is is inevitable and how China is becoming very worried about the safety of its foreign exchange reserves as the dollar continues to weaken. A significant event given our recent trade spat with China. Can it be China's getting ready to dump its US holdings?

US Dollar " One Step Closer" to crisis



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