The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Chispas who wrote (6997)	2/5/2004 2:00:01 PM
From: Jim Willie CB	of 110194

agreed, China new peg to currency basket sets up EU exports many Chinese mfg firms have retooled for European markets i.e. product choices, mixes, metric, etc as the US$ has fallen huge, the euro is now rendered vulnerable to Chinese exports to Europe a whopping 35% price disadvantage now to Chinese imports in the eyes of European producers this is a huge story China will gradually take its eye off the US market they can assume it will be there for a while even as they retool for China and then rape Europe / jim

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