China flees dollar

Discussion in 'Financial Futures' started by new$, Feb 10, 2010.

  1. new$

    new$

  2. who wants to hold toilet paper??? would you?????
     
  3. zdreg

    zdreg

    [​IMG]
     
  4. Chinese now top 3 holders of gold and oil ETF!
     
  5. schizo

    schizo

    No no, not flee but fleece, as in puh-lees. You will soon find out China will FLEECE Uncle Sam to the bone. Just imagine what would happen if China openly dumps all their dollars. That would be worse than a nuclear fallout.
     
  6. Lethn

    Lethn

    I seriously hope they dump the dollar, because then at least the whole world won't be completely fucked. American arrogance is going to be the death of us all if we're not careful.
     
  7. Flees dollar? Did anybody read the article at all, I guess not. Reading comprehension 101. They exchange risky USD assets for lower risk USD assets. How is this USD dumping?
     
  8. 377OHMS

    377OHMS

    Fine.

    They dump dollars. We stop buying low-quality poisoned crap products from China. We keep buying industrial goods from them but all imports of rubber dogshit etc are banned.

    The Chinese government would last about 90-days.

    Go ahead, sit in your pathetic decomposing european countries and hope bad stuff happens to the USA. Anything that happens to us will likely hurt your own countries far worse.

    Who is going to save your butts when the next fascist invasion occurs? China? Russia?

    Who loves ya baby? :D
     
  9. Someone exports deflation, and someone exports inflation....
     
  10. zdreg

    zdreg

    for every buyer there is a seller. nothing ever changes. good luck with your logic.
     
    #10     Feb 12, 2010