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Old 10-04-2008, 11:17 PM  
woj
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Join Date: Jul 2002
Location: Chicago
Posts: 47,882
Quote:
Originally Posted by Mr. Cool Ice View Post
You guys are no fun.

They dump usually over a BILLION dollars a DAY into US Treasury notes.

And if the USD weakens too much and China trades it's dollars for a stronger currency, you have any idea what is going to happen?

I'm wondering why nobody is talking about China during any of this crisis?
If they do that, then gazillions of their US assets will become worthless, which isn't exactly good outcome for them either...
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