Sunday, April 24, 2011

China Planning Cutting Two Thirds Of Its $3 Trillion In USD Holdings

@ Zerohedge

All those who were hoping global stock markets would surge tomorrow based on a ridiculous rumor that China would revalue the CNY by 10% will have to wait. Instead, China has decided to serve the world another surprise.


I'm sure they want to get rid of the GSE crap first.

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