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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (16567)	11/22/2004 6:01:39 PM
From: RealMuLan	Read Replies (1) of 116555

Here is some counter argument<g>--"The problem is China, not the dollar" The end of Bretton Woods II is near Commentary: The problem is China, not the dollar By John Brimelow Editor's note: John Brimelow follows gold and international equities for Aegis Capital Corporation in New York. He is the brother of Peter Brimelow, a CBS MarketWatch columnist. cbs.marketwatch.com [BTW, this guy should get his number right. China changed its exchange rate from 5.8 Yuan to 8.446 Yuan to $1 in 1994. So his statement of "In 1993, China fixed its currency, the yuan, at $1 = Y8.28. " is dead wrong!] intl.econ.cuhk.edu.hk

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