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

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To: ild who wrote (37234)7/30/2005 12:52:37 AM
From: Jim Willie CB  Read Replies (2) of 110194
 
Asia will get rid of their USTBonds in unison
that door has now been opened imho
the Asians will soon show their singlemindedness
next up (this year or next) is their new credit market
when it is announced, you can kiss goodbye the US Treasury supremacy

the lethal nature of the Chinese yuan regime change is it unknown non-specific nature


from all we do know, Asia (led by China) will develop its monetary base foundation for regional economic growth atop gold
but the beauty of their strategic maneuver will lie in its secrecy
just like their Russian and Iranian energy deals
the quieter, the less politically arguable

this September, when the US Congress reconvenes,
we will resume the Chinese Tariff legislation

if there is one thing I have learned about New Yorkers (Shumer is NY Senator)
it is that they are stubborn, obnoxious, relentless, loud, pushy, determined, and sometimes misguided in battles
a 2.1% yuan reval does nothing to satisfy the Tariff bill
it demanded 27.5% yuan reval or else 27.5% tariffs

/ jim
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