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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Pogeu Mahone who wrote (237262)1/30/2010 1:17:39 PM
From: THRead Replies (2) of 306849
 
zeus628,

That could be big news.

Add in this news and we could have an interesting week for the Dollar. I'm betting we see the Dollar top sometime next week and that should put the bid back on the market.

GT
TH

news.yahoo.com

China suspends military exchanges with US
AP

By CARA ANNA, Associated Press Writer Cara Anna, Associated Press Writer – 1 hr 18 mins ago

BEIJING – China suspended military exchanges with the United States, threatened unprecedented sanctions against American defense companies and warned Saturday that cooperation would suffer after Washington announced $6.4 billion in planned arms sales to Taiwan.

The response to Friday's U.S. announcement, while not entirely unexpected, was swift and indicated that China plans to put up a greater challenge than usual as it deals with the most sensitive topic in U.S.-China relations.

"This is the strongest reaction we've seen so far in recent years," said Stephanie T. Kleine-Ahlbrandt, northeast Asia project director for the International Crisis Group. "China is really looking to see what kind of reaction it's going to receive from Obama on this."
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