Time to Pull Back From The Mighty Greenback?

East Asian currencies, including some Southeast Asian ones, look to be a haven

For all of its problems, China looks closer to the end of a crisis than the beginning, while the US looks increasingly vulnerable to one. Beijing, for instance, announced on October 24 that it would issue RMB1 trillion (US$136.7 billion) in special central government bonds and transfer the funds directly to local governments for public infrastructure an…