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Politics : WAR on Terror. Will it engulf the Entire Middle East?
SPY 676.41+0.7%4:00 PM EST

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To: Scoobah who wrote (12791)2/17/2006 5:56:10 PM
From: Peter Dierks  Read Replies (1) of 32591
 
We cannot demand that another country do anything with their currency conversion rate.

If the Chinese wish to sell us $11 worth of goods for 50 cents, it is their right. After they want to collect on the debt, our currency will be devalued to the 25 cents is will be worth and they will have an even larger net loss.
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