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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: posthumousone who wrote (18440)	4/24/2011 6:03:31 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 119361

Good question but you know the answer. online.wsj.com Timmy may try and massage it but as a business enterprise who has already suffered losses they should consider demanding compensation for any further currency deterioration.

To: posthumousone who wrote (18440)	4/24/2011 6:22:52 PM
From: neolib	Respond to of 119361

Most likely because it contains some significant factual problems. It claims that China is holding $3T in US Treasuries, and that it plans on dumping $2T to get to a target of about $1T. Reality is that China holds $3T of foreign reserves, the exact composition of which is not known (China does not make this public) but its thought that about 1/2 is US holdings and not even all of that in Treasuries. I believe there are additional errors in that China wants to limit the US holdings to 800-1.3B, not total foreign reserves, but I've not found definitive clarification on that point. So all in all, a pretty befuddled article, despite the topic being one worth discussing.