China holds over one trillion dollars, and Japan almost one trillion... Other countries have lesser but still substantial amounts. As the US dollar is the reserve currency, the entire world’s investment portfolio is over-weighted in dollars. No country wants to hold a depreciating asset, and no country wants to acquire more depreciating assets.
read more | digg story
Subscribe to:
Post Comments (Atom)
5-13-2026
Twin brothers wipe 96 gov’t databases minutes after being fired Grocery prices jumped more in April than they did in nearly four years Mos...
-
They're saying F-U to Congress, essentially read more | digg story
-
“In the Shitter”: Democratic Rep. Reads Out Entire List of Trump Crimes - Representative Jasmine Crockett used Republicans’ Biden impeachm... -
A lot of criticism was given to the Bush Administration for proposing a 3-page bill to address the financial markets. While I had some criti...
No comments:
Post a Comment