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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (73330)11/1/2006 10:04:21 AM
From: mishedlo  Respond to of 110194
 
They are not buying US$ now
They receive them in trade.
The only way to get rid of them is to buy US assets.
If they buy oil with them for instance all they have done is shift the dollars to the Mid-East who then supposedly has to get rid of them.

FCB's Trying to get rid of them could indeed be propping up the US stock market.

Mish