Friday, November 26, 2004

How Can I Be Broke? I Still Have Checks Left (Part IV)

The fact that Bush owns this will be of little consolation when we're all a colony of China.
Investors and market analysts are increasingly worried that the last big source of support for the American dollar - heavy buying by foreign central banks - is fading.

The anxiety was on full display Friday, when the dollar abruptly slid to a record low against the euro after a report suggesting that the Chinese central bank might start to reduce its holdings in the American currency.


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