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The Biggest Threat To America’s Relationship With China

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posted on Nov, 18 2009 @ 02:19 PM
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The continually weak U.S. dollar is a constant source of debate among economists and the media. And most of the chatter is decidedly negative. But there are a few benefits, including the effect it has on the bloated U.S. trade deficit. Both economists and the U.S. government are hoping that such dollar weakness will help reduce the nation’s trade deficit, one of the most criticized aspects of the U.S. economy.



In light of this, China has been diversifying its foreign exchange reserves (which top $2 trillion) in order to move away from the dollar into other major currencies and to hedge against the U.S. dollar’s fall. This gradual diversification will help avoid bid market fluctuations, while allowing the yuan to appreciate for the first time in 18 months.

www.dailymarkets.com...

I thought you all might need one more thing to worry about.




posted on Nov, 18 2009 @ 06:49 PM
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Sounds like the begining of the NWO to me, maybe people are so blinded by the moronic country we are in and the ridiculous news that comes out of it that they don't realize that the USA is not the country best suited for such a change or best suited for such a tyrant's position..



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