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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Knighty Tin who wrote (4644)4/19/2004 3:33:07 PM
From: Tommaso  Read Replies (1) of 116555
 
Another subject. I am beginning to read the argument that China will go ahead and revalue its currency to make it easier to pay for commodity imports. Dollar down? Commodities continuing up? Chinese goods more expensive in U.S? Inflation rate up in U.S.? Soybeans, wheat, lumber, tobacco, metallurgical coal, base metals from U.S. and especially from Canada bought by the Chinese=more inflation? Fed raising, or rather allowing interest rates to rise above the inflation rate? Business healthy but security markets tanking?
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