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  • Fading Glory: The Dollar as the World's Reserve Currency [View article]
    Interesting thought displayed in the artcle.
    Another explanation why China might have accumulated massive dollar reserves: to use as a weapon of mass destruction.
    Militarily, China may be no match to the US, but dumping TRILLIONS of dollars onto the market will have to effect of grounding the US military due to instant skyhigh prices of energy products.
    No wonder the US is frantically expanding the strategic reserve. They know that time will come that they no longer can afford to buy the stuf...
    May 04 19:59 pm |Rating: 0 0
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