China is concerned about it's assets. $2 trillion worth of foreign reserves in U S dollars. They want the International Monetary Fund (IMF) to monitor the U S just as closely as it has overseen struggling Third world Countries.
Many nations feel that the U S is no longer a major player in the worlds economy and want to replace the dollar with an alternative.
Showing posts with label ALTERNATIVE. Show all posts
Showing posts with label ALTERNATIVE. Show all posts
Monday, March 30, 2009
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