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Non-Tech : Lumacom Chronicles - a study of mania and madness
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To: russwinter who wrote (104)1/6/2004 8:50:29 AM
From: TobagoJack   of 113
 
<<Could US securities be liquidated en masse to cover Chinese banking needs? If so that could be a real vicious cycle>> ... precisely. My impression, and I can be wrong easily on this, is that the Chinese banking system is now married to the USD/Treasury bill operation, and being suspicious of new ways and neat tricks, I say 'I do not think I want to be a part of this game'.
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