The Weak Dollar - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

BlueHair · 08-07-2007, 03:22 AM

I was curious what your thoughts are on the weak dollar. It appears the U.S. is waging a currency war with China. China owns tons of US debt. Something has got to give. In May, the UN warned the dollar could collapse under pressure from the debt. Here is the link:

http://www.un.org/News/briefings/doc...Ocampo.doc.htm

Congress is trying to pressure China to revalue it's Yuan.

http://www.reuters.com/article/polit...24614420070731

It's going to interesting to see how it shakes out.

08-07-2007, 03:22 AM	#1
BlueHair Senior Member Join Date: Nov 2006 Location: Utah Posts: 1,148	The Weak Dollar I was curious what your thoughts are on the weak dollar. It appears the U.S. is waging a currency war with China. China owns tons of US debt. Something has got to give. In May, the UN warned the dollar could collapse under pressure from the debt. Here is the link: http://www.un.org/News/briefings/doc...Ocampo.doc.htm Congress is trying to pressure China to revalue it's Yuan. http://www.reuters.com/article/polit...24614420070731 It's going to interesting to see how it shakes out.