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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Proud Deplorable who wrote (73328)11/1/2006 1:03:15 AM
From: mishedlo  Read Replies (1) of 110194
 
A report in The Sydney Morning Herald stated, “Australia’s Treasurer Peter Costello has called on East Asia’s central bankers to ‘telegraph’ their intentions to diversify out of American investments and ensure an ‘orderly adjustment’….Central banks in China, Japan, Taiwan, South Korea, and Hong Kong have channeled immense foreign reserves into American government bonds, helping to prop up the US dollar and hold down interest rates,’ said Costello, but ‘the strategy has changed.’”

It can not be done.
The only way to get rid if US dollars is to buy American assets
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