China has decided that its going to deversify its reserves out of dollars and into other assets. I think it has directly to do with the fact that the dems are in the house and senate. Trade protection is going to be ratched up because a lot of jobs are being sucked away from the US. Gold is getting a solid bid. Risks seem to be rising in the real world, of course the financial system believes it is bullet proof and nothing can wrong.
As much as the Chineese want to modernize there society is impossible for them to employ a billion people. They know it, but they dont want violence and revolution to break out.
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