On October 10th, Fan Gang, another member of People’s Bank of China’s policy committee, made similar comments, “China risks an erosion of its holdings because the US dollar will probably decline.” On August 29th, Gang wrote, “The US dollar is no longer a stable anchor in the global financial system, nor is it likely to become one, therefore it is time to look for alternatives.” Tough sh!t, Mr. Gang. That's the risk you ran when you decided to peg your worthless currency to the U.S. dollar.
You made your bed -- now go sleep in it.
Tough sh!t, Mr. Gang. That's the risk you ran when you decided to peg your worthless currency to the U.S. dollar. FYI, if the chinese currencey is pegged to the dollar and the chinese currency is worthless, that would mean THE US DOLLARS ARE WORTHLESS TOO.