Thursday, August 9, 2007

How'd They Get So Much Of Our Money?


Still, the Chinese threat -- bold or stupid as it may be -- is real. And it underscores the era in which we citizens of the world live. Take a look at this chart:
These 10 countries account for more than 50% of total world dollar reserves. If China follows Russia, Switzerland and South Korea in selling the dollar… who will be left to buy it?

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