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Chinese Vice Premier Li Keqiang keeps up the reform rhetoric at a conference, promising to...

  • Sunday, March 18, 2012, 6:15 AM ET
    Chinese Vice Premier Li Keqiang keeps up the reform rhetoric at a conference, promising to pursue market-based structural changes to make growth more stable and balanced. Christine Lagarde says reforms could enable the yuan to become a reserve currency, although she brings up that old bugbear of a flexible exchange rate.
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    I do hope the many who blast my posts concerning the new SDR basket of 8 ( actually in limited use already) an BRIC pressure on the US $ reserve take serious notice. Sec Geitner's request for 20 more years of the US reserve status might not be !

    Then. To quote Sec. J. Baker 3 The US will be Greece !
    18 Mar 2012, 06:23 AM Reply Like
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