Keith Addison wrote:
http://www.middleeastforex.com/index.php?section=147
Hey Keith;
Thanks much for posting this.
It's a very interesting concept indeed.
But still, I'm given to pause about the
*real* effect of such a move, as I consider
who actually backs the IMF, and who *really* holds
http://www.middleeastforex.com/index.php?section=147
UAE, Saudi considering to move reserves out of dollar
WASHINGTON - A number of Middle Eastern central banks said on Tuesday
they would seek to switch reserves from the US greenback to euros.
The United Arab Emirates said it was considering
This is something that worried me for a long time and maybe the sh-t
will hit the fan now. Let us hope that this is only a blimp and not
a major attack on the US economy. This is potentially a very powerful
WMD and directed against US, who was very stupid . It is however
understandable if
I forgot to point out that if this is serious, it will move very
fast. A lot of people must be very worried now and try to move
silently and fast. It might be unstoppable, once and if it becomes an
avalanche. I am happy that I no longer have any dollar assets, but it
is many that are less
