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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (53328)7/27/1999 2:11:00 PM
From: John Pitera  Read Replies (1) of 86076
 
Heinz, that is a big asset allocation by the Euro Institutions.

No question they have to worry about the USD. The US looks like it has more downside, As the declines it hurts the Yuan, in the sense that you need lower prices by Chinese exporters to compensate for a weaker US buck. I keep hearing that there can be no Yuan devaluation until after the 5oth anniversary on Oct 1st.

I'm not sure that I buy that.
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