Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: NOW who wrote (10896)	12/30/2002 9:13:12 PM
From: Jim Willie CB	Read Replies (1) of 89467

this problem extends to ALL Asian exporters Japan, Korea, Taiwan, Singapore, Malaysia, King Kong, China this is a strong motive for China not to revalue the YUAN upward their $300B in US Treasurys will get cut down in value I wonder if they will revalue upward only after converting that big batch of bonds into GOLLLLLLDDDDDDDDDD my guess: 98% probability YES, after much of it converted this whole conversion process will drag out the dollar decline all part of the USDollar Decline Vicious Circle / jim

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