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)
8-24-2026
BUBBLE TROUBLE: ANTHROPIC'S best AI model struggles to attract users... Freebies spread on web... Bitcoin Rally Leans on Fears That Fisc...
-
The Pentagon Just Threw Larry Ellison a $7 Billion Lifeline. Will It Be Enough to Stop the Oracle Crash? White House offers its science bl... -
Is it illegal to trick the US government into wiping your phone during a questionably legal search | The case of a traveler who allegedly en... -
High school teacher arrested for clapping in support of anti-data center activists SpaceX Stock Hammered After Starship Booster Fails in F...
No comments:
Post a Comment