Thursday, August 16, 2007
Chinese Won't Dump Dollar
In the face of numerous U.S. economic woes, the Chinese government has expressed their confidence in the strength of the dollar, dispelling speculation that they would sell off their $1.33 trillion in foreign reserves holdings. What do you think?
Paul Keller,
Photo Lab Tech
"Despite the current economic slump, America is still the best investment in the global marketplace, according to my dad."
Sam McNulty,
Crane Operator
"Unfortunately, this was a case of mistranslation. The Chinese government likes the color of our dollar bill–not the strength."
Dawn Irving,
Ad Buyer
"Why, thanks for the vote of confidence, China. By the way, the yuan is still crap."
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