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Thread: China State Investment Company suffers a heavy loss
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[quote=JIMMYB,256054]Hope that US can shake off the adverse effect of the subprime crisis as soon as possible. US dollar has fallen to its record low in history. It is reported that six Arab nations will soon end their fixed exchange rates to US dollar. They face rising price pressure partly caused by the weakening dollar. Since US has a great impact over global economies, the whole global markets will suffer a lot if US dollar keeps deappreciating. Cutting interest rates can not solve the problem that US faces. The government and the Fed should find other ways.[/quote]
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