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what should the chinese buy?


Rob W
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According to the Economist the Chinese have foreign exchange reserves of $ 3 Trillion

 

they could buy

 

World 2011 Oil Output = $ 3.4 Tr

All US farms $ 1.87 Tr

All sovereign debt of Portugal + Ireland + Greece + Spain = $ 1.51 tr

All Monetary Gold = $1.43 tr

Apple+Microsoft+Google+ IBM = $ 916 Bn

All US military equipment = $ 414 Bn

All of Manhattan = $ 287 bn

All of Washington DC = $ 232 Bn

50 most valuable sports teams = $ 50Bn

 

Of course any purchase will move the markets - so they can buy anything but nothing for today's price

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