PRESTOPUNDIT -- A Good Blog at a Great Price. Guaranteed.

Massive Asian dollar stockpile. "A massive buildup of U.S. dollars held by Japan, China and other Asian countries is fueling increasing unease among analysts and policymakers, who fear it poses risks to the fragile American economic recovery and global financial stability. Collectively, Asian countries hold foreign exchange reserves — mostly in dollars — valued at more than $2 trillion .. ".More "Asia's Stockpiles of Dollars Pose U.S. Economic Risks". Posted by Greg Ransom | TrackBack