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Falling Dollar and China’s Cries for Global Currency

Source: Epoch Times
Shanghai : China | about 1 month ago  
Views: 31
A clerk counts stacks of Chinese yuan and U.S. dollars at a bank in Shanghai, China. (China Photos/Getty Images) As the dollar falls against the euro, yen and other major currencies, China and other emerging economic powers holding lots of dollars and U.S. securities are crying foul, and for an end to...
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  • News Source: Epoch Times | about 1 month ago
    A clerk counts stacks of Chinese yuan and U.S. dollars at a bank in Shanghai, China. (China Photos/Getty Images) As the dollar falls against the euro, yen and other major currencies, China and other emerging economic powers holding lots of dollars...
  • News Source: Uinta County News | about 1 month ago
    For each dollar of revenue, the federal government spent $1.67. "The good news is there is nothing here indicating something much worse than we expected in January," said James R. Horney, a budget expert at the liberal Center on Budget and Policy...
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  • Blog Source: hongkong.asiaxpat.com
    What angers me most of all is in your post (Ed) above - the government has injected billions of dollars of tax payers money into the banks and they are looking out for themselves (a case of pay my bonus first - where is the jet? ... Phoned the
  • Blog Source: www.politicsdaily.com
    Since most of our federal debt is in the form of treasury notes owned by China and other foreign countries, a weakening dollar will force us to pay much higher interest rates to float future borrowings, and the inflated interest payment .... While
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