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Wednesday, November 27, 2013

How China Can Cause The Death Of The Dollar And The Entire U.S. Financial System

The alarmist story below should not be dismissed out of hand.  A week ago, the People's Bank of China's signaled an intention to stop accumulating dollars.  China's "taper" would push up interest rates in the United States very substantially even if the Fed's taper does not.. (http://www.bloomberg.com/news/2013-11-20/pboc-says-no-longer-in-china-s-favor-to-boost-record-reserves.html)

How China Can Cause The Death Of The Dollar And The Entire U.S. Financial System

Global Research, November 08, 2013 | http://www.globalresearch.ca/how-china-can-cause-the-death-of-the-dollar-and-the-entire-u-s-financial-system
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