Re:China's Subprime Crisis Is Here
by jcoffland on Wednesday February 17, 2016 @02:30PM
(#11120522)
Not all of their cash reserves are denominated in US dollars.
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There's around 5 trillion US dollars worth of hard currency in the world. http://gizmodo.com/5995301/how-much-money-is-there-on-earth 80% of it is not sitting in a vault in China.