China central bank decides it is "no longer in China's favor" to accumulate US dollars -- Sott.net

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Last edited by SimpleMan 12 years ago

http://www.sott.net/article/269042-China-central-bank-decides-it-is-no-longer-in-Chinas-favor-to-accumulate-US-dollars

sorry,it wouldnt show the 1st

thats gonna hurt us a bit

But the article came out Thursday simple..so not like it effected the market or caused any sort of blip in financials..so probably much ado about nothing.

ok shank,just ran across it, think down the road we may feel something from it, us poor folks anyway!

I doubt it..the middle/lower income economies r isolated from big time stuff like that..fixed rates,what the consumer can bear protects from inter-country financial situations...not to belittle the fact china owns a lot of our debt..but doubt we et a trickle down from any decision their banks make.

It says financial loans will be going up.So idk

I hate fake journalism

Dollar store's want be a $1 anymore, and so on.....

I agree worm..but I trust $$$....and when the "story" came out Thursday and never rattled the markets..it's kinda ez to brush off.