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ft.com - 5/25/2009
FT.com / China - China stuck in ‘dollar trap’
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China’s official foreign exchange manager is still buying record amounts of US government bonds, in spite of Beijing’s increasingly vocal fear of a dollar collapse, according to officials and analysts. Senior Chinese officials, including Wen Jiabao, the premier, have repeatedly signalled concern ...
reuters.com - 6/1/2009
UPDATE 3-Geithner tells China its dollar assets are safe | Currencies
— reuters.com — * Dollar assets are safe, Geithner assures China * Recession losing force; U.S., China must alter growth... tack * Backs strong dollar, calls for more flexible yuan * China says cooperation can boost global confidence (Adds Chinese Vice-Premier Wang's ... (more) UPDATE 3-Geithner tells China its dollar assets are ...

Comments vote down Mish's Global Economic Trend Analysis found this 6/1/2009found this
reuters.com - 6/2/2009
UPDATE 3-Geithner tells China its dollar assets are safe
— reuters.com — * Dollar assets are safe, Geithner assures China * Recession losing force; U.S., China must alter growth... tack * Backs strong dollar, calls for more flexible yuan * China says cooperation can boost global confidence (Adds Chinese Vice-Premier Wang's ... (more) UPDATE 3-Geithner tells China its dollar assets are safe

Comments vote down Rolfe Winkler found this 6/2/2009found this
ft.com - 5/19/2009
FT.com / UK - Brazil and China in plan to axe dollar
— ft.com — Brazil and China will work towards using their own currencies in trade transactions rather than the US... dollar, according to Brazil's central bank and aides to Luiz Inácio Lula da Silva, Brazil's president. The move follows recent Chinese challenges to ... (more) FT.com / UK - Brazil and China in plan to axe dollar

Comments vote down FT Alphaville found this 5/19/2009found this

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FT Alphaville:  China stuck in ‘dollar trap’

naked capitalism:  Links 5/25/09

Economist's View:  links for 2009-05-25

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China stuck in ‘dollar trap’
FT Alphaville — China is still buying record amounts of US government bonds, despite Beijing’s growing fear that US policies could lead to a collapse in the dollar and global inflation. But Chinese officials said that China is caught in a “dollar trap” and had little choice but to keep pouring most of its growing reserves into the US Treasury, which remains the only market big enough and liquid enough to support its huge purchases.

Links 5/25/09
naked capitalism —

links for 2009-05-25
Economist's View — ... Board Stiff - Financial Page China stuck in ‘dollar trap’ - FT.com Can You Find Twelve Errors ...

THE FINTAG NEWSLETTER @ 25 May 2009
FiNTAG - Hedge Fund News, Views, Opinions and Gossip — ... help with his tax return " bloomberg says " Yen Falls as Report Says N. Korea Launched Short-Range Missile " times says " Geneva, here we come " icfa says " BNY Mellon new mandate " independent says "Backlash from investors over Shell bonuses set to intensify " bbc says " 'Loan sharking comeback' warning " finalternatives says " Eurekahedge: LaGrange Capital Partners Gains Over 100% In April " financial times says " China stuck in 'dollar trap' " tradefeed (via ...

Memorial Day links
The Mess That Greenspan Made — ... After North Tests Nuclear Weapon - Bloomberg • Europe stocks fall amid gloomy German survey, weak autos - MarketWatch • PetroChina buys 45.5% stake in Singapore Petroleum - MarketWatch • Bank of Japan says exports, production bottoming - MarketWatch • Thailand’s GDP Contracts as Exports, Spending Slump - Bloomberg • G8 energy leaders urge stable oil prices - CNN/Money • The (almost) $2.5 trillionaire … - Setser, CFR • China stuck in ‘dollar trap’ - Financial Times HOUSING • Reality Check On ...

Is China's record purchase of US treasuries a good thing?
BloggingStocks — ... Why should we say thank you to China? China has purchased $23.7 billion dollars of US treasuries bringing their total to $768 billion. Now let's see if we can figure all this out. China has excess reserves from exporting goods the the US. The US is caught with having to finance record deficits, some left over from the Bush administration and the new stimulus packages just approved by Congress. So by buying US treasuries, China is helping us to finance our debt. ...

I keep hearing about a "dollar collapse"
Finance Trends Matter — ... (see Christopher Wood's comments near the bottom) and The Financial Times which caught my attention, due to their frank discussion of dollar devaluation and the possibility of a dollar collapse. ...

Related: dollar collapse
The Dollar Dike Gives Way? — GoldSeek.com
“China stuck in dollar trap,” says the headline on the front page of the Financial Times. The FT says China is buying more U.S. bonds than ever. It must…according to the news report…because it has too many. Unless it supports the dollar, it risks a big collapse in the value of its foreign ...
A Look at the Big Picture Trends in the US Dollar — Trading Goddess
The case for a severe weakening, and perhaps even total collapse, of the US dollar is something I've been making for some time here on TradingGoddess and on my blog . As the dollar has begun experiencing some deeper bouts of weakness and has given back all of its gains since October 2008, I ...
Dolla Dolla Bill — self-evident
See if you can spot the theme. Chipping Away at the Dollar Edifice (Across the Curve) Russia’s waning appetite for dollars (Brad Setser) Will The Dollar Standard Collapse? (weird pseudonymous Internet blogger)
Links 5/19/09 — naked capitalism
Joseph Cassano: the man with the trillion-dollar price on his head Times Online (hat tip reader Michael T) Will The Dollar Standard Collapse? Clusterstock Companies face higher hedging costs Financial Times. It is unknowable how much corporate activity is bona fide hedging and how much ...