Asian Countries Pooling Reserves to Protect Against the Incredible Shrinking Dollar, Part II
May 26, 2007 - I’m sure a bigger part of the discussion about these “pooled Asian reserves” not publicly discussed revolves around China’s continuing plans to diversify out of their huge dollar denominated reserves. All participating countries in this reserve pool must wonder how this can be achieved without greatly harming the value of their respective dollar denominated reserve pools.
More on this topic
(What's this?)
Roubini Foresees Chinese Hard Landing
(naked capitalism, 11/5/08)
China's Xie Runs Home to Fix Economy
(naked capitalism, 11/7/08)
China Wants the Dollar to Drop Dead
(The Prudent Investor - Seeing To..., 10/27/08)
Massive China Stimulus is Viewed as an Attempt to Help the West
(Money Morning, 11/11/08)
Add comment May 26th, 2007










