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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (17863)2/22/2009 3:25:59 PM
From: posthumousone  Respond to of 71456
 
<<This kind of thing will further push the Chinese for ways to get out.>>
I am quite disturbed that we have beg the chinese to buy are crap debt....
I think now I really am worried.

Do you think the chinese were charmed by clintons winsome charm???? or did they see through her beguiling nature?

hmmmmm



To: RJA_ who wrote (17863)2/22/2009 3:29:38 PM
From: Paul Kern2 Recommendations  Read Replies (1) | Respond to of 71456
 

This kind of thing will further push the Chinese for ways to get out.


They have no choice but to keep on buying because:

1) If they don't, it will crash the dollar and we will no longer be able to buy any of their output.

2) It will devalue their huge U.S. holdings.