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Politics : Welcome to Slider's Dugout

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To: roguedolphin who wrote (4142)12/14/2006 10:53:07 AM
From: RonMerks  Read Replies (1) of 50725
 
Rogers- "buy the Yuan" ????????????????

Is Rogers just looking to capture the sloooooow 1,2,3,4% re-peg? Because that's all the Chinese seem to be willing to move?

The damn Chinese peasants don't want the Yuan. If the Yuan was allowed to float- it would tank. It has to stay pegged to the dollar. Rogers could do better in a money market than the Yuan.

Am I missing something? (or, better put- WHAT am I missing?)

Ron
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