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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.88-0.1%Dec 3 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Box-By-The-Riviera™ who wrote (12718)12/20/2006 2:28:05 AM
From: elmatador  Read Replies (2) of 218167
 
TJ, Thai case doesn’t augur well to Asia. They are not prepared for capital spreading more evenly. You don’t shut down the flow. You go with it. Give you an example. Even though the country sent out USD25bn between Jan./Nov. is still among the 15 biggest receiver of capital. Used cheap USD to go buy companies since materials sector is consolidating.
Exporting from your home country is not enough. Materials exporter needs to be present closer to its markets. Re-exporting capital keeps Brazilian Real at bay avoiding currency overshooting.
This will continue next year. Thais were not reading the writing on the wall and thought THB would stuck forever on 40/USD. Capital spreading more evenly –which will be south-south instead of North-South in the coming years needs to be taught to countries like Thailand. Else they go back to behind the buffalo plowing rice fields.

If I’d be an European or an American, I’d be watching all this and thinking strategies to keep profiting. They did this with China already.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext