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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: bond_bubble who wrote (48249)12/27/2005 5:54:08 PM
From: mishedlo  Read Replies (2) of 110194
 
The Chinese Banking system is also basically insolvent.
It takes lots of RMB to prop it up.

It really is unclear as you suggest but given that about 99% of the people think the RMB would rise, I prefer to take the opposite side. The debate is endless however unless and until they float. By then the answer may in fact be a lot different.

Mish
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