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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Sergio H who wrote (3858)8/26/2003 3:44:28 PM
From: Crossy  Read Replies (1) of 37387
 
Sergio,
so USEG is more a "real option". Hmm..

On Chinese valuation you are exactly right - that's what I'm saying. It's not a problem to china. It looks like being a problem to Europe. Well if so, it's Europe's problem to solve. I know this battlecry for appreciation of the Chinese currency is coming from Europe. And usual the European whining is targeted as sort of a smokescreen - to blame own problems on others..

when EU inflexible labour laws created job markets which were almost immobile, European trade union bosses went out to "export the welfare state". Did they succeed ? I guess not.

Now EU countries (or better their buerocrats) are crying foul because to them the chinese currecny is priced too low. Well if it'S a problem for these guys so be it. I can live with this. Again if the EU has a problem they should adress their DOMESTIC problem: the ill-fated eurocurrency "stability" pact which created depression in Germany and prevented European reflation. Again - fix the problems at home before whining around crying "foul".

That's what I'm saying. I'm sure the Chinese currecny is not a problem to US or to the Chinese, right ??

rgrds
CROSSY
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