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: regli who wrote (28352)	3/11/2005 2:56:07 AM
From: mishedlo	Read Replies (3) of 110194

Lots of happenings in the currency park. Clearly signs of unease. We will see what develops, however, I wouldn't be surprised if China makes a move to revalue in light of the CRB. We've been thru this before. There is just too much hot money sitting in China for them to float. There are too many bad loans. China does not even have adequate currency markets yet. It would be major league disruptive to the world economy at a time of currency turbulence already. NOT going to happen. Mish

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