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by qoo 4616 days ago
The Chinese will do anything to destabilize USD
2 comments

Ridiculous. Why would the Chinese want to destabilize their biggest debtor?
Agreed. China is flush with dollar-denominated assets. Besides, if the dollar weakens it will make Chinese goods more expensive in the US and cause labor unrest in China.
On the contrary, the massive debt owed to China is one of the few things that makes me confident about USD.