China has been schizophrenic on this all year. Their desire for the dollar changes with the wind per their press releases.
China knows we are fucked and the economy is dropping like a rock WHICH affects our ability to pay back our debts. Of course this is happening simultaneously with skyrocketing deficits and plummeting tax revenue. Hockey sticks in either direction.
If you really want to listen to china I bet you could find A LOT more articles saying they are going to ditch it rather than not.
Take your pick but I suggest you look at the big picture first.
Also, I’ll take gold hustlers over the criminal digital dollar shysters any day, which keep all their holdings on hard drives in virtual realty.
Oh yeah, China seems to keep increasing their gold holdings as well as stockpiling commodities. I’m sure that does not mean anything.
