China signals reserves switch away from dollar

[Cristoforo]

*gibberish*

[Marco Polo]

dont buy into it too much.

China needs to prop up US debt so that americans can continue buying chinese goods. if china stops buying US reserves the US crashes and china loses its largest export market!!!!

[strickland 10th district]

The Chinese have made big mistakes in the past and it cost millions of lives.I don't put it past them to mess up again.

Thr real economic problems of China:

The banks of China audit accounts are in a mess.

The stock exchange is totally false in value and is as good as dead.

Most of the 120 billion reserves are in US bonds.

Natural resourses are few and mostly coal.

They have a supply problem with oil.

They are short of water.

The factories belong to the west.

The people are not free and are nationalistic to the point of starting a war over nothing important.

Tiawan will start world war 3.

It is a communist state with a capitalist economy, a nightmare.

With all these problems, only a guru can work it out.

[Marco Polo]

china is a paper tiger. the problem is that it is a very large one that can cause problems.