THIS IS JUST TEXTBOOK STUFF...SO WHY IS ANYONE SURPRISED...?
THE NOTION THAT THE CHINESE WOULD KEEP HOARDING WORTHLESS DOLLARS IS JUST NOT CREDIBLE...
THE CHINESE WILL GO WHERE THE ROI...AND SAFETY IS BEST... NOWADAYS THAT IS THE EURO...GOLD OR OIL... I WOULD ALSO EXPECT THEM TO BE IN THE US REAL ESTATE MARKET...ONCE THE BUBBLE PRICING IS WRUNG OUT...
