Saturday, February 04, 2012

China Converting US Debt To Gold

Not in spite of, but given that I am totally unknowledgeable in such matters, I found this rather interesting.



Wikileaks has revealed how China has been adapting to holding too much US debt. It seems they've also managed to find a way to undermine the US dollar as a the world's reserve currency at the same time.
http://maoistrebelnews.wordpress.com/2011/09/16/china-converting-us-debt-to-g...

5 comments:

Anonymous said...

http://bit.ly/y3kYxE

Himself said...

How very, err, European!

Anonymous said...

http://www.rnw.nl/english/article/
gold-without-guilt

Himself said...

All that glitters is not Gary.

Anonymous said...

http://news.ninemsn.com.au/national/2013/01/17/16/03/man-strikes-gold-with-5-5kg-nugget