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Message |
   
Ashton
Side Hero Username: Ashton
Post Number: 9368 Registered: 05-2008 Posted From: 66.90.104.94
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 24, 2010 - 09:57 am: |
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Kimura:It is just a way to attract more investors from hongkong anukuntunna.. does not mean they are dropping dollar as a currency of use.. As long as they exist in the US they will be using dollar...
Who knows? They might have plans to dump the US currency in future to attract the hongkong and chinese investors as US economy is in shambles. |
   
Kimura
Junior Artist Username: Kimura
Post Number: 799 Registered: 07-2010 Posted From: 151.151.16.22
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 24, 2010 - 09:48 am: |
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It is just a way to attract more investors from hongkong anukuntunna.. does not mean they are dropping dollar as a currency of use.. As long as they exist in the US they will be using dollar... |
   
Ashton
Side Hero Username: Ashton
Post Number: 9362 Registered: 05-2008 Posted From: 66.90.104.94
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 24, 2010 - 08:33 am: |
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forgot the link http://www.cnbc.com/id/40350492 |
   
Ashton
Side Hero Username: Ashton
Post Number: 9360 Registered: 05-2008 Posted From: 66.90.104.94
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, November 24, 2010 - 08:27 am: |
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Caterpillar, the US-based manufacturer of earth-moving equipment, is marketing a two-year 1 billion renminbi bond to institutional investors in Hong Kong, becoming the first foreign industrial multinational to issue debt in the Chinese currency. MEANING CATERPILLAR IS DROPPING THE US DOLLAR!WTF????? |