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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (24344)10/20/2007 11:53:49 PM
From: Dr. Voodoo  Read Replies (2) of 217573
 
Ummm...

So who's a bigger dummy? The country who lets their currency fall to the point its countrymen are about to piss their pants, or the country who pegged their currency to the country who is about to make a killing making the guys who pegged their currency to said country piss their pants?????

Inflation sucks don't it? Get used to it.

I might even understand the dood's frustration. But like it or not there is still a sheetpile of direct foreign investment that is driving emerging economic growth. There is also a sheetpile of technology that they'll never see if they keep ripping us off. And like it or not, it's gonna be pretty hard to hang those 57" flat screens in those tiny ass apartments most people in those emerging markets are living in...

If G7 takes a crap in the punchbowl everyone loses. Everyone. There is no sense getting indignant about it.

Go ahead, push! At least then we'd get to look at how well the chinese have cooked the books! And when we're all lined up at the bank window me, ilaine and Chan here can find out if chinese pitchforks work just as good as american ones!
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