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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (50742)5/8/2006 12:35:15 PM
From: ild  Read Replies (1) of 116555
 
<<<Central Banks will use this defence to unload their dollars back to the States>>>

How can they do that in practice? Unloading dollars means buying something in the US. But there is nothing in the US they can buy. China weren't allowed to buy little Unocal. There is no way Japan and China will be able to spend their USD holdings. In fact I see other countries dumping their USDs onto Japan and China.
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