09 August 2007
China Owns the United States
It appears that the Chinese government is threatening to dump their dollar reserves , and their US treasury holdings if the US enacts sanctions over the value of the Yuan.
It's interesting, because if they break the Federal Reserve, and they can, they lose too, because they have lost their biggest market.
At this point, I'd like to see them use their power to keep us from striking Iran.
It's interesting, because if they break the Federal Reserve, and they can, they lose too, because they have lost their biggest market.
At this point, I'd like to see them use their power to keep us from striking Iran.
Labels:
China
,
Currency
,
Economy
,
Foreign Relations
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