China again called today for a new world currency. It seems the economic division is at odds with the political division.
The economic politicians no longer want China to purchase the U.S. debt compared to the politicians buying it strictly for political reasons.
Who will win? I have my own opinion on that, considering how many trillions the U.S. is printing as if the paper will be worth anything.
link to article: http://www.bloomberg.com/apps/news?pid=20601080&sid=aSQeGrhdwipU
No comments:
Post a Comment