Visit Synthesis's column >>

SYNTHESIS

Running Dog
Add To Watchlist
Articles Posted: 240; Links Seeded: 2348
Member Since: 9/2006

US Heads for Recession as Foreign Investors Rush for the Exit from US Dollar Holdings

advertisement

The days of the dollar as the world's reserve currency may be drawing to a close. In August, foreign central banks and governments dumped a whopping 3.8% of their holdings of US debt. Rising unemployment and the ongoing housing slump have triggered fears of a recession sending wary foreign investors running for the exits. China, Japan and Taiwan have been leading the sell off which has caused the steepest decline since 1992.

Published to:

What's this?
Who's leading the conversation?
This visualization below allows you to see the impact that each user has on the current conversation. The top row contains the group of users who have had the most impact, the 2nd row the group of users who have had the 2nd most impact (et cetera). Users with similar impact are grouped together, and the average score of the group is shown to the left of the group. The author of the article is also shown on the left, in their corresponding group. Each user's score is based on the number of comments the user has made plus the number of votes their comments have received. The scores are calculated relative one another, so while their absolute value is not particularly important, their relative difference does indicate a larger difference in impact on the conversation.
0.5
{"commentId":1016759,"authorDomain":"PrimarySources"}
"Credit booms do not end in inflation as most people believe. Credit booms ARE inflation that end in deflation. This credit boom is not any different. Mike Shedlock , Mish's Global Economic Trend Analysis
{"commentId":1016759,"threadId":"149357","contentId":"956442","authorDomain":"PrimarySources"}
    Reply#1 - Tue Sep 11, 2007 9:43 PM EDT
    {"canLink":false,"threadId":"149357","isPrivate":false}
    Leave a Comment:
    You're in Easy Mode. If you prefer, you can use XHTML Mode instead.
    As a new user, you may notice a few temporary content restrictions. Click here for more info.
    {"threadId":"149357","contentId":"956442"}
    Start TrackingStart Tracking
    Stop TrackingStop Tracking