No mention of China giving a helping hand. Sounds like it was China and Asia pulling the plug on the US$ that started this. It had to happen sometime and the Chinese have always been good traders. I wonder when they will come in to buy US companies for a song. This is what happens when you outsource too much. Cheap goods become expensive in the long run.
- Forums
- ASX - General
- australia lends 10 billion to the us reserve