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<blockquote data-quote="klein" data-source="post: 831016" data-attributes="member: 23950">No, unlikely, the last data I know, is that we only hold $32 billion in foreign currency reserves. That won&#039;t even get the US past a day.Besides, we have our own debt to pay off.And if China does dump them, they will be considered junk bonds - like Greece ! - Atleast you know what&#039;s comming ! <img src="/community/styles/default/xenforo/smilies/smile.png"&nbsp; class="smilie" loading="lazy" alt=":)" title="Smile&nbsp; &nbsp; :)" data-shortname=":)" />&nbsp;Just thought I would add another little fact:The Canadian dollar is used as a reserve currency around the world and is currently ranked 6th in value held as reserves.Concerns about the United States of America&#039;s increasing debt levels in recent years have caused the Canadian dollar to become more widely held as an international reserve currency, as countries try to decrease their US dollar-denominated reserves.</blockquote>

[QUOTE="klein, post: 831016, member: 23950"] No, unlikely, the last data I know, is that we only hold $32 billion in foreign currency reserves. That won't even get the US past a day. Besides, we have our own debt to pay off. And if China does dump them, they will be considered junk bonds - like Greece ! - Atleast you know what's comming ! :) Just thought I would add another little fact: The Canadian dollar is used as a reserve currency around the world and is currently ranked 6th in value held as reserves. Concerns about the United States of America's increasing debt levels in recent years have caused the Canadian dollar to become more widely held as an international reserve currency, as countries try to decrease their US dollar-denominated reserves. [/QUOTE]

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