Global Economy

Out of context: Reply #10

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  • JSK 0

    Lose of US dollar value is nothing to do with import from other countries.

    The main scare is (to other countries and US) that no one would buy debt from US Govt. China, who holds most of US debt has started to reduce its holdings. US Currency has been used as a foreign for most countries but they are reducing it. If no one is buying US debt, US can no longer borrow money regardless to debt ceiling.

    • everything to do, value of our dollar is in direct relationship to the value declared through customsregiste
    • eh what?JSK

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