Quote:
Originally Posted by Pokesan
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that's a good plan if they wanted to ruin their country!
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And that's a good reply if this were the 20th century!
They have gold, oil, hard assets and then plenty of dollars to sell for one of the other ~three major reserve currencies. They just threatened to sell off almost 1 trillion US dollars. China is calling for a new standard reserve currency, they control 11% of the world reserve just in their yuan as it became an official major reserve currency in November of last year, and growing. Oh and China holds how much US debt now? I don't even want to look
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Thanks 0bama...