from Zero Hedge
As excerpted from Bloomberg macro commentator Ye Xie
Beijing Sounds Alarm About Demise of Mighty Dollar
With all the money printing and borrowing, is this the beginning of a long decline for the dollar?
Clearly this is on the minds of some senior Chinese officials. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, delivered a strong warning on the U.S. currency this week.