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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: philv who wrote (22180)12/15/2004 5:52:06 PM
From: The Wharf  Read Replies (2) of 80994
 
From: Julius Wong 12/15/2004 7:48:00 AM
of 2059

Deutsche Bank points out that in 2001 there were 76 million ``prosperous consumers' (defined as people who don't have to spend the bulk of their income on food and housing) in China. By 2015, that total may grow to 700 million, while the U.S. will only have 284 million, and Japan 112 million, it said.

quote.bloomberg.com

A strong dollar will not help tbe US on world front. It will increase buying power for imports as well as increase outside less costly labor.

We are seeing inflation especially in medical costs so we are not going to see prices drop. AG must and will continue to raise rates. At the same time if we do not have inflation and have any type of contraction the budget deficit hasn't a hope of being reduced.

Again you have the a tango between the most unlikely partners US and China.

US $ strength will aid Chinas in her aim to curb inflation. China has to be careful she does not tighten up too much or she will be stagnant.

Hedging has increased substanially. I still think there could be one large currency problem. The potential for a collision is truly there and that forces gold to shine. Now as I am totally the odd ball in the litter and beginning to look like Sinclaire I shall shut my mouth.

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