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09-08-2009, 07:36 PM #1
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UN Says New Currency Is Needed to Fix Broken ‘Confidence G
UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’
By Jonathan Tirone
Sept. 7 (Bloomberg) -- The dollar’s role in international trade should be reduced by establishing a new currency to protect emerging markets from the “confidence gameâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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09-08-2009, 08:57 PM #2
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Funny as every Treasury auction we have had has China as a major purchaser of the issues. They ain't going to shoot themselves in the foot, because their dollar reserves could very well disappear entirely if the world no longer deals in any dollars.
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