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IPFS News Link • Federal Reserve

Andy Xie: "If China loses faith the dollar will collapse"

05-05-2009 • NakedCapitalism.com

And that logic, if it starts to take hold, in classic run on the bank fashion, could lead to a disorderly fall in the dollar. It isn't clear what the trigger might be, but Bob Shiller contends that sudden flights from markets don't necessaril

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Reported By Jack Gregson

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1 Comments in Response to Andy Xie: "If China loses faith the dollar will collapse"

Comment by Powell Gammill

Entered on: 5/5/2009 10:35:25 AM

It also means we own their ass, and they ours. It is just that when it all hits the fan they will be hurt and we will be crushed.

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Andy Xie: "If China loses faith the dollar will collapse"

1 Comments in Response to Andy Xie: "If China loses faith the dollar will collapse"

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