Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: aknahow who wrote (36248)	7/18/2003 10:04:42 AM
From: RealMuLan	Read Replies (1) of 74559

>>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. << Exactly. I quite agree. Although I don't think it will have an announcement. If China allows the range of exchange rate be wider, then it would most likely be done quitely.<g>

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