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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Paul Kern who wrote (75657)	12/14/2006 3:39:50 PM
From: $Mogul	Read Replies (2) of 110194

No, they must force them to float their currency freely ASAP or we all end up working for China one day as they will own us. China already buys billions in US Treausries and that will stil continue, yes at a lower pace if they float the currency, we know this but "if" the Fed lowers rates to save the economy bonds will be a flight to safety, and will have Central Bank buyers with free flaoting currencies regardless of China's declined purchases. The free floating Renembi is key for the US to get out of this debacle with it's head.

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