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overtheedge
Member since May 2012
680 commentaries - 6 followers

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Spare dollars

- Alasdair Macleod - Finance and Eco.

The silk road will require building immense infrastructure.
China can spend a lot of US$ in other countries hiring contractors, etc.
In country it might be a good time to upgrade all the required construction equipment to brand spanking new US manufactured yellow junk.
China will undoubtedly source raw material from outside China and pay for it with US$.
Maybe contract the Korean to build a few ships for the Marine Silk Road segment.
I can see a definite "use it or lose it" US$ scenario in the makings.

Commented 3623 days ago

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Beginning of the headline :Last week I wrote that contrary to the prevailing mood US dollar strength could reverse at any time. This week I look at another aspect of the dollar, which almost certainly will become a significant source of supply: a global shift out of it by foreign holders. As well as multinational corporations that account in dollars, there are non-US entities that use dollars purely for trade. And so long as governments intervene in currency markets, governments end up with those trade dollars in their fo... Read More

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