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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%Jan 16 4:00 PM EST
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To: TobagoJack who wrote (126594)12/20/2016 3:59:33 AM
From: Elroy Jetson  Read Replies (1) of 219465
 
That's a very important point. Chinese debt is denominated in US Dollars just as US debt is denominated in US Dollars.

The US can print Dollars while China cannot.

When China has attempted to sell debt denominated in Yuan, the only buyers have been in Hong Kong.
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