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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (126120)	3/12/2012 12:22:02 AM
From: Wayners	3 Recommendations Respond to of 224750

All China has to do is dump all their US bonds into the open market. There will be no liquidity. The dollar would be dumped and stocks would be dumped. China has been buying gold. They are just waiting until they feel they have enough to win the economic war. Greshams law says that good money drives out bad. It's a sound law. China buys up enough gold, remonetizes it or backs its currency by it and overnight who wants fiat currency? Good money drives out bad. I think China will do it, they just aren't ready yet. They are divesting but don't want to cause a panic yet. They have it figured out and they know at which point in the last 10% of their holdings to cause the panic in retaliation. What is odumbo doing you ask?. Vacationing or golfing.