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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: elmatador who wrote (43231)	11/29/2008 8:21:28 AM
From: Sunny Jim	3 Recommendations Read Replies (1) of 217806

<<Fri Oct 24, 2008 BEIJING, Oct 24 (Reuters) - The United States has plundered global wealth by exploiting the dollar's dominance, and the world urgently needs other currencies to take its place, a leading Chinese state newspaper said on Friday.>> All China has to do is stop buying US treasuries if they really believe that the US has plundered global wealth. They don't seem willing to do that (actions speak louder than words). Their complaint looks more like an attempt to deflect criticism of their own failed economic policies IMO.

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