But says, don't worry, it "would not have an adverse impact on the U.S. dollar"
...hmmm, now how's that again??
http://www.reuters.c...035119120070320
China to stop accumulating foreign reserves
Started by
HiFiGuy
, Mar 20 2007 11:21 AM
1 reply to this topic
#1
Posted 20 March 2007 - 11:21 AM
"A state of war only serves as an excuse for domestic tyranny." - Aleksandr Solzhenitsyn
http://www.trueworldhistory.info/
http://www.trueworldhistory.info/
#2
Posted 20 March 2007 - 05:44 PM
The Chines are pragmatic.
So, what are they going to do with the money if they are not going to stockpile it?
They will stockpile natural resources and buy natural resource producing assets
F&D
"Successful trading is more about Sun Tzu then Elliott." F&D