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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: RealMuLan who wrote (36242)7/18/2003 9:43:47 AM
From: aknahow  Read Replies (1) of 74559
 
Thanks, no I am not in the camp that thinks a slight or even a major readjustment , will help the U.S. economy. Upon the announcement when it comes, there may be some euphoria in the U.S. but afterwards IMO it will just mean more costly imports as the manufacturing base in the U.S. no longer produces what we import from China and in any event the exchange rate change will not make the U.S. competitive.

I do not see China being pushed into doing anything. I do see any country, including China, acting as though it is going along with request/pressure/demands to do something it wants for its own motives, but benefits from not appearing to want to do.
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