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

To: Archie Meeties who wrote (21384)	7/16/2009 6:13:55 PM
From: zamboz	Respond to of 71432

There is just way too much at stake for Asia not to continue to subsidize their exports through dollar buying. That explains this: Foreigners Dump Dollars, but China is a Buyer The latest Treasury International Capital flow report indicates that foreigners were net sellers of U.S. dollars in the month of May. Russia, who led the pack in the reserve diversification talk ahead of the BRIC Summit were the largest sellers of U.S. dollars followed by Caribbean banking centers (hedge funds), and Japan. China, despite all of their grumblings and flip flopping continued to buy dollars in size. Including purchases by Hong Kong, China boosted their holdings of U.S. dollars by $50 billion. With their foreign exchange reserves now over $2 trillion, they clearly control the purse strings. seekingalpha.com

To: Archie Meeties who wrote (21384)	7/16/2009 7:09:55 PM
From: Real Man	1 Recommendation Read Replies (1) \| Respond to of 71432

The bean counting... The Russian CB had 500 bln. in reserves, equal to the GDP of the country and the gov. had 30 bln. debt. So, why was Russia downgraded? If you can't understand the logic, you will think US is ok. Why is US at risk? Here, here, not even counting North of 55 Trillion Medicare/SS liabilities. dailybail.com Who is the government responsible for? AIG The US mortgage Market Etc, etc. Just take a look at the soup of facilities at the Fed - and all the printing...