Quote:
Originally Posted by mithrandir
The Chinese government has too much control over the Yuan for other countries to want it as a reserve currency.
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That'd be the only thing stopping it from becoming a reserve currency. But if the Chinese are smart, they'll free their currency up to allow it to possibly become a reserve currency. other than them or the Euro, we don't have too many choices.
Quote:
Originally Posted by mithrandir
I though I heard on ABC this morning they got just enough Republicans on side to get the bill through the House. That gives the Senate Monday to pass it.
Andrew
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They tried to get a possible plan through the house but the Senate will most likely scupper it because the Dem's run the senate. The plan, in any case, is just another Rep scam to keep things with their business mates in the status quo.