Sunday, November 22nd, 2009

Posts Tagged ‘ China dollar reserves ’

Why US Dollar Investments Are A Ticking Time Bomb

Dec 2nd, 2008 | By Manraaj Singh | Category: US Dollar & Forex Trading

China’s economic rescue programs could be devastating for American investors, says Manraaj Singh. The country is sitting on $2 trillion in US dollar reserves. And it will likely sell a large chunk of this to fund its domestic bailout.  Manraaj says this makes US dollar-denominated investments a ticking time bomb.