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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (48238)12/27/2005 4:45:27 PM
From: GST  Read Replies (1) of 110194
 
<I still maintain that if China floated the RMB it would crash not rise> My view is that it would rise today, tomorrow and for years to come. The Chinese know this and they expect to allow it to float more each year. To them it is not if, it is when and how fast. They simply prefer to take it slow, and for good reason. I expect in the next ten years for the value of the dollar to be cut in half in comparison to the yuan.
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