Comments on: Bad News for Global Economy Is Good News for the Dollar, ETFs http://www.etftrends.com/2008/08/bad-news-for-global-economy-is-good-news-for-the-dollar-etfs.html Keeping a grip on exchange traded funds (ETFs) Fri, 20 Nov 2009 16:30:37 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Tim http://www.etftrends.com/2008/08/bad-news-for-global-economy-is-good-news-for-the-dollar-etfs.html/comment-page-1/#comment-1583 Tim Tue, 26 Aug 2008 21:26:19 +0000 http://www.etftrends.com/?p=4691#comment-1583 Of course, China's recent market manipulation of the dollar helps too, as their central bank reportedly added $49.6 billion in dollar reserves just in June. http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/08/26/ccchina126.xml China now holds $1.8 trillion in dollar reserves. Is anyone questioning whether it is a good thing for America to have a Communist government potentially able to bring America to her economic knees just by beginning to dump those dollars? Of course, China’s recent market manipulation of the dollar helps too, as their central bank reportedly added $49.6 billion in dollar reserves just in June. http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/08/26/ccchina126.xml

China now holds $1.8 trillion in dollar reserves. Is anyone questioning whether it is a good thing for America to have a Communist government potentially able to bring America to her economic knees just by beginning to dump those dollars?

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