Dollar Crisis In The Making, Part 3

China inoculates itself against dollar collapse

There is mounting evidence that China's central bank is undertaking the process of divesting itself of longer-dated US Treasuries in favor of shorter-dated ones. Full Story »

Posted by Dwight Rousu

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Norman Rogers
2.0
by Norman Rogers - Mar. 21, 2009

A lot of speculation. They have no idea what China will do and they attribute a wisdom to China that is exaggerated. Could China be divesting some long treasuries because they have big profits due to lower interest rates?

Even Obama is not going to crash the dollar or encourage inflation.

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