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Economy - Economics USA
1 Comments in Response to Geithner Goes To China: Will He Soothe Or Spark?
In the article, Bob details just how screwed the Chinese and the Russians are for having so many US Dollars in reserve coupled with how deficient their gold reserves are. Their monetary systems are, like ours, 'castles built on quicksand' and, like ours, doomed to failure.
They are the laughing stock of the world right now and they know it.
The link to the article is below:
http://www.theinternationalforecaster.com/International_Forecaster_Weekly/Gold_To_Stand_Against_Big_Devaluations