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

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To: Square_Dealings who wrote (12415)4/27/2004 1:46:17 PM
From: Jim Willie CB  Read Replies (1) of 110194
 
one way to convert yuan into dollars is indirect
purchase Japanese equipment with yuan
build products
receive dollars from exported goods to USA

this begs the question
how do you convert yuan to yen?
dunno exactly
probably some credits involved
since Chinese purchase plenty of Japanese consumer goods

this dollar-yen-yuan triangle is gonna get VERY DICEY
just like the dollar-bond-gold triangle
both will show strain and give off massive curveballs
the experts will not get it right, not so easily

/ jim
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