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

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To: Jim Willie CB who wrote (537)9/2/2003 12:03:44 PM
From: RealMuLan  Read Replies (1) of 110194
 
>>Chinese leaders are standing off against Trez Secy Snow now
but they have an internal risk of bubbles that needs to be addressed
I see a 10-12% yuan peg revalue upward that will be meaningless
but will silence American jerkweeds
what the yuan needs is a 25-30% revalue on peg
by 2006 the yuan will be twice its current level<<

Jim, don't bet on this<g>. My thinking is that there will be 5% upward revalue within this year, and 15%-20% within the next 5 years. Chinese gov. already realize the real estate bubble and irregularity of inflow of Yuan. And it has starting to audit the Foreign currency section of all Chinese banks.
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