The story is that China is looking at no longer pegging its currency to the US dollar, which has such enormous implications for our economy it is hard to comprehend. For one thing, the Chinese could very easily ruin the dollar and make it a marginal currency. Don't know what that means to you in your day-to-day life? Figure it out, baby. My fortune cookie says: "Life-style may encounter a significant change." . . .
Read Froggy's post before going to the article.
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