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What a nice mirror of the "China can crush the US by selling dollars story" that from time to time pops up. The answer is always, yes they can if they want to destroy their economy.

Bundesbank owns more than €500bn as long as they don't try to collect. Pity that they do not appear to have understood the part about destroying their own economy.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Mon Mar 5th, 2012 at 09:35:23 AM EST
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