atimes.com - 3/19/2009
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Page 1 of 2 DOLLAR CRISIS IN THE MAKING, Part 3 China inoculates itself against dollar collapse By W Joseph Stroupe This article concludes a three-part report. PART 1: Before the stampede PART 2: The not-so-safe haven There is mounting evidence that China's central bank is undertaking the ...
ft.com - 3/23/2009
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ft.com —
China’s central bank on Monday proposed replacing the
US dollar as the international reserve currency with a...
new global system controlled by the International Monetary Fund. In an essay posted on the People’s Bank of China ’s website, Zhou Xiaochuan, ...
(more)
FT.com / Asia-Pacific - China calls for new reserve currency
foxbusiness.com - 3/16/2009
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foxbusiness.com —
Trade Deficit Everyone would agree they see more
"Made in Taiwan/China/Japan/etc..."tags than "Made in the USA" tags...
for the past several years. Well, that "Made in _____" tag on your clothing has an economic term sewn into it: trade deficit. A trade ...
(more)
READ: Letter From AIG's Liddy to Treasury Secretary Geithner
cnbc.com - 3/24/2009
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cnbc.com —
The U.S. government plan to rid banks of
toxic assets will rob American taxpayers by exposing them...
to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday. "The ...
(more)
Geithner Plan Will Rob US Taxpayers: Stiglitz - ...
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Blog Reactions
A VOTE OF CONFIDENCE IN THE ADMINISTRATION’S PLANS: China Inoculates Itself Against Dollar Collapse…
Instapundit —
... A VOTE OF CONFIDENCE IN THE ADMINISTRATION’S PLANS: 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.” ...
Is Bernanke Playing Chinese Checkers?
Discriminations —
Asia Times, “Dollar Crisis in the Making, Part 3”
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.
Board of Governors of the Federal Reserve System:
To provide greater support to mortgage lending and housing markets, the Committee decided today to increase the size of the Federal Reserve’s balance sheet further by purchasing up to an additional $750 billion of agency mortgage-backed ...
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