The Real Reason Russia and China Are Dumping U.S. Debt
June 22, 2015 at 15:51 PM EDT
The dollar is a weapon, built up by the U.S. debt to foreign nations and protected by U.S. military might. But the U.S.'s financial foes aren't taking it anymore. They want to bring an end to this financial weaponization of the dollar. And in doing so, they are going to do whatever it takes to both diminish the dollar's role as a reserve currency and introduce a new international payments system to settle global transactions... Tags: China dumping dollars , currency wars , dollar collapse , dollar reserve currency , Russia dumping dollars , U.S. Debt , U.S. Treasury , U.S. Treasury debt To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The Real Reason Russia and China Are Dumping U.S. Debt appeared first on Money Morning - We Make Investing Profitable .