Re: How China is Dumping the Dollar
- From: "travisgod@xxxxxxxxxxxxxxx" <travisgod@xxxxxxx>
- Date: Fri, 30 Nov 2007 09:01:36 -0800 (PST)
On Nov 29, 8:36 pm, "nemo_outis" <a...@xxxxxxx> wrote:
Sam the Bam <samtheb...@xxxxxxxxx> wrote in news:25809b2b-23c9-46cd-a582-
e293f9385...@xxxxxxxxxxxxxxxxxxxxxxxxxxxx:
Isn't that what the mouse breeders wail about?
"foreigners are going to buy up America!!!"
As a condition of saving Citigroup's ass Dubai got a nice slice (4.9%) just
for recycling $7.5 billion of USian confetti. That's on top of SA's (Walid
bin Talal) stake of 5% for bailing them out in the 90s. Little by little
the US crown jewels are being sold off as the dollar implodes.
Regards,
They can't save Citigroup.
They can only forestall the inevitable.
Industrial society depends upon energy, not fiat paper and not
interest rates.
Trav
.
- References:
- How China is Dumping the Dollar
- From: nemo_outis
- Re: How China is Dumping the Dollar
- From: Sam the Bam
- Re: How China is Dumping the Dollar
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