ss wrote, [on 10/8/2009 3:24 PM]: >> Indeed, China appears to be the most enthusiastic of >> all the financial powers involved, not least because of its enormous >> trade with the Middle East. > > What's in it for China? If China can't trade oil in US$ what will China do > with the $ 1 trillion its sitting on? In fact this is just the sort of news > that will make the dollar lose value isn't it? That will make China poorer.
Very good question, that I was wondering about too. Maybe we'll find out more over the next few weeks. Udhay -- ((Udhay Shankar N)) ((udhay @ pobox.com)) ((www.digeratus.com))
