Warren Pollock discusses the problems the Chinese are experiencing with the US Dollar and how they are orchestrating a quiet exit.
The Chinese know the US Dollar will be devalued through inflation or simply by way of a straight-up default, so they want out, ASAP. If The Chinese are getting out, perhaps we should all be thinking about how to get out of dollar denominated assets, as well.
Hat Tip to Zero Hedge for this one.
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