The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: Haim R. Branisteanu who wrote (7231)	2/7/2004 2:59:52 PM
From: mishedlo	Read Replies (1) of 110194

They can "seek" a consensus that the $ should be stable but so frigging what? What are they willing to do about it. They want China who is not even there to do something about it. Exactly what good does it do for them all to agree that China should unpeg, or that the $ should be stable. China will do what it wants when it wants, and if the US$ starts sliding as it should on our budget and trade deficits then who is going to stop it by having a "concensus that we should stabalize". My belief is that words without actions will make the situation worse. They might as well not even bother agreeing IMO. Most likely Japan will be buying US$ right after the frigging meeting! M

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