[Marxism] Interesting, not critcal.

S. Artesian sartesian at earthlink.net
Fri Jul 11 07:50:00 MDT 2008


Yesterday's WSJ reported that the European Central Bank figures showed a decline in the euro's share in global foreign exchange reserves in 2007 from 27.5% to 26.5%.

ECB figures diverge from those for euro share reported by IMF.  The ECB pointed out that IMF figures do not account for appreciation of the euro versus the dollar, and... my favorite part... the IMF figures do not include forex reserves of China.


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