Los Últimos Días / The Latter Days

Este es un Blog que postea las noticias diarias que reflejan la inminente venida del Mesías de Israel para restaurar su Reino en la tierra / This is a Blog that posts the daily news which reflect the inminent coming of Israel's Messiah to restore his Kingdom on earth


Cuando estas cosas comiencen a suceder, miren y levanten la cabeza; porque su redención está cerca” / When these things begin to take place, stand up and lift up your heads, because your redemption is drawing near

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enero 26, 2010

Dumping Dollar Isn't China's Goal But Remaking World Economy Is

China disclosed the other day that its foreign exchange reserves had increased to about $2.4 trillion in 2009, a gain of $453 billion for the year. These stupendous figures — and the likelihood that the country's reserves will rise by a comparable amount this year — have now become a financial, economic and geopolitical reality of surpassing significance. The significance is not, as many imagine, that China might suddenly "dump" the dollar and dethrone it as the world's major international currency, undermining American economic power and prestige.

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