sloopo writes: "Described as China's "nuclear option" in the state media, such action could trigger a dollar crash at a time when the US currency is already breaking down through historic support levels.
It would also cause a spike in US bond yields, hammering the US housing market and perhaps tipping the economy into recession. It is estimated that China holds over $900bn in a mix of US bonds.
Read the full story, click here"
"An organization dries up if you don't challenge it with growth."
-- Mark Shepherd, former President and CEO of Texas Instruments