Re: Reality Check/The beginning of the end for the U.S. Dollar as the World's Fo

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auntierooski

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Re: Reality Check/The beginning of the end for the U.S. Dollar as the World's Fo

in response to

Re: Reality Check/The beginning of the end for the U.S. Dollar as the World's Fo

EZ Street

posted on Jul 26, 2012 02:04PM

"What ever......China is disposing of the U.S. currency they have as fast as they can."

You are absolutely right but your observation is obvious and not new. But let the Yuan float (which China refuses to allow for obvious reasons - Do you have a new reason?) and even if it gets to 50cents on the $1USD their good fortune showing 10% GDP quarterly growth will disappear and go the other way. How about that? So forget about

"...the end for the U.S. Dollar as the World's..."

it won't happen if China has a say about it.

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