China moving away from the dollar

SUBMAN1 · 03-24-09, 08:00 PM

China is a bit scared of the US since if the US ever needed to repay its loans to China, they would just print a bunch of money - as the Fed recently shown us this week no less. So this leaves China in a bit of a precarious situation now doesn't it?

But this is more Skybird fear mongering. Does it ruin your day Skybird when you can't find a negative article about the US of A?

-S

03-24-09, 08:00 PM	#5
SUBMAN1 Rear Admiral Join Date: Apr 2005 Posts: 11,866 Downloads: 0 Uploads: 0	China is a bit scared of the US since if the US ever needed to repay its loans to China, they would just print a bunch of money - as the Fed recently shown us this week no less. So this leaves China in a bit of a precarious situation now doesn't it? But this is more Skybird fear mongering. Does it ruin your day Skybird when you can't find a negative article about the US of A? -S __________________