SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ild who wrote (49547)1/12/2006 12:09:59 PM
From: pogohere  Read Replies (1) of 110194
 
It's unlikely the Chinese are worried foremost about the return on their US old maid cards. They appear to be more concerned with how to facilitate the move from the farms to the cities while simultaneously figuring out how to move investment to the hinterlands where most of the people live and work. And accomplishing all that without millions of people taking to the streets in frustration when things (corruption, pollution) get out of hand.

Where do you see the end of the liquidity chain? If the liquidity stays in the global system it moves from one asset class to another. Somehow, for a resolution, the liquidity needs to be removed from the system. One solution that comes to mind is to shoot the failing currency: exchange new US$ for old and retire the old. I believe this is a traditional remedy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext