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Updated almost 16 years ago on . Most recent reply

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1,821
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Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
446
Votes |
1,821
Posts

The People's Bank of China flexes its muscle in call for a new reserve currency

Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Posted

China is flexing its muscle. It seems that they are fed up with the reckless spending and massive deficits and they are going to play hardball. Things could get very interesting.

Article: http://finance.yahoo.com/banking-budgeting/article/106817/Dollar-Slams-Up-Against-a-Great-Wall?sec=topStories&pos=4&asset=TBD&ccode=TBD

:cool:

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