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 Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 10K a day who wrote (88587)9/9/2007 12:34:02 AM
From: HawkmoonRead Replies (1) of 306849
 
So the Fed can explode the China stock market and it's alright?

It would be rather odd to "blame" a country that's undergoing a recession, even if self-inflicted for their inability to competively export their goods to that country.

What will the Chinese government say??

"The American government's decision to go into economic recession is deliberate act of international economic protectionism and an act of war against the Chinese people!!"

I kind of doubt it..

And selling USDs and reimporting the proceeds back to China would only compound the problems for the Chinese economy.

But I seriously hope this is not the intent of the "shadow government", or the Fed (one and the same?.. ;0)

Personally, I think it's just Bernanke's attempt to establish his credentials as a "hard money" guy. But I fear he's going to find the markets are going to force him to react in a manner that reveals that his decisions have placed them seriously behind the monetary "power curve". And that's going to require a major rate move downward, rather than an incrementalized one that might have been more appropriate. IOW, he's held his foot on the economic brakes too long and he's placed the economic engine in danger of stalling. Now he's going to be forced to floor the accelerator.

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News