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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LLCF who wrote (398021)12/3/2009 4:45:09 AM
From: Box-By-The-Riviera™2 Recommendations  Read Replies (3) of 436258
 
I also do not think he anticipated per se, the full blown multi currency destruction we're seeing. hence, calls for the dollar to rally by all sorts of people got a superficial result while missing the actual result in the form of competitive devaluation.... which goes hand in hand with a devolution of the edifice that was created in cross border manufacturing and trade. which is to say: all currencies fall down but stay in relative harmony, hence no dollar rally to speak of. (subject to change of course).

china of course is one big fish taking a super gamble waiting to raise their peg and risking they cannot get the koi fish back in the pond if things get out of hand.

funny how resource rich australia has now raised rates each month now for three months. is there a paradigm therein? resource rich/manufacturing weak equals walk away from the central bank (as in Greenspan) dialectic of the last two decades?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News