china to the rescue, page-7

  1. 4,751 Posts.
    BMD my guess is they'll fund it from their own USD reserves, of which 600B is half if memory serves me correctly. Triggering the biggest sell off of USD when this money is exchanged back to the higher yielding currencies of resource rich countries that have been over sold lately.

    I would think this will lower the value of USD which everyone has been predicting.

    But then again USA owes trillions to China so maybe they'll call in their debt and have the USA over a barrel to pay for it....
 
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