05 May 2008
When Will the US's Creditors Start Calling the Shots
Look at this commentary on Bloomberg. It's noting that increasingly, Asian investors in the United States are demanding higher interest rates.
Central banks are starting to make noises about moving their capital elsewhere, at least via proxy, and if that becomes a movement, it then becomes a stampede, and the dollar drops precipitously.
Central banks are starting to make noises about moving their capital elsewhere, at least via proxy, and if that becomes a movement, it then becomes a stampede, and the dollar drops precipitously.
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