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

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To: TobagoJack who wrote (99650)11/12/2008 9:25:06 AM
From: Hawkmoon1 Recommendation  Read Replies (2) of 110194
 
you actually believe forex reserve is spendable money within domestic economy?! precious.

If they convert it back into Yuan, then certainly. It will act as a hedge against an appreciating dollar in order to maintain the current ratio between the respective currencies. And I guess the US will also be appreciative because a stronger dollar is not exactly what we need at the moment since it would reduce competitiveness of US exports.

But again, the question I asked you is to explain why the Chinese government would make an announcement for such a huge injection of capital when their retail sales are allegedly up 22%??

And no comment on that faked space walk? Are you proud of your government now?

If a government has the balls to fake such a national achievement, and especially in such an obvious manner, doesn't it cause you to question what else it's faking?

For years, conspiratorialists claimed the US had faked visting the moon, but we brought back the rocks to prove it, despite the claims of conspiratorialists:

en.wikipedia.org

Hawk
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