Wednesday, August 08, 2007

China Nuclear option vs Dollar

Washington is now in trouble since last year they started talking about trade sanctions against China cuz the Yuan hasnt been revaluated and now China has a retaliation option (nuclear) to attack the US Dollar with its massive Reserves nearly $1.3 trillion. This could be use as a bargain to reach an agreement and solve the problems, so now USA lost it's economic power and most of the US debt is in hands (44%) of Japan, China and many other countries.

China threatens 'nuclear option' of dollar sales

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