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China dumps the Dollar!

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  • China dumps the Dollar!

    http://www.zerohedge.com/article/chi...serve-currency

  • #2
    Re: China dumps the Dollar!

    This is really important piece of news!

    Comment


    • #3
      Re: China dumps the Dollar!

      Is there a modicum of protection in this all-yuan scheme against hot money flows into China?

      Comment


      • #4
        Re: China dumps the Dollar!

        Originally posted by Southernguy View Post
        This is really important piece of news!
        How so?

        "...This is all part of China’s plan for the internationalization of its currency, which may, in the decades to come, threaten the global ‘market share’ of other currencies like the US dollar..."
        Should we really be losing any sleep over this?

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        • #5
          Re: China dumps the Dollar!

          Ignores US dominance, real and potential, of global energy as well.

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          • #6
            Re: China dumps the Dollar!

            For a website with a focus on avoiding/seeing through propaganda, I wish something could be done about these thread titles. I'm not saying this isn't news but "China dumps the Dollar!" is just a bit sensationalist. I also get annoyed at the cutesy but non-descriptive titles that seem popular. I do realize that the threads are user created, but this is supposed to be the "news" section. Sorry for the whining.

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