Get ready, hold onto your hats, China is dumping US dollars, which means stocks go down, dollar is further devalued, and gas will cost even more as the dollar decreases. It's going to be a VERY rough ride!
Meltdown of U.S. Dollar Underway as China Dumps the Currency
by David Gutierrez
(Excerpt) Comments by China that it intends to move away from its reliance on the dollar triggered a sharp drop in the Dow Jones Industrial Average and heightened worldwide fears about the U.S. currency's stability.
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