I have just sent my application to Ameritrade and awaiting their approval. Sheesh the post itself via poslaju was Rm78/
Anyways, I was just wondering whether you guys happen to read a teeny weeny little inconspicous article in the business section the Star where the UN has called for a stop to using the USD as international trade currency.
Best part of it is other than these countries, Russia, Brazil, India, etcc... CHINA was one of them!!!
This is very surprising since these guys are the BIGGEST USD BOND HOLDERS! Won't this move cripple the Chinese economy??
And would it be prudent to pull out now, if this ever happened? Just imagine the USD rate if this took place? Wonder if the USD dropped from this announcement?
Anyone?
This post has been edited by mysai: Sep 8 2009, 06:30 PM
Sep 8 2009, 06:29 PM
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