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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (84269)12/9/2011 9:41:43 AM
From: Hawkmoon6 Recommendations  Read Replies (1) of 217563
 
if so, they would be building 10 rockets to each of america's one. as they are not doing that,

TJ, you have NO IDEA what China's govt is spending on military items.

We DO KNOW that they have built a series of tunnels:

ndtv.com

And China has admitted building those tunnels. So don't make such foolish claims when it's plainly obvious that the Chinese military has the ability to produce in secret and then hide their assets.

in the mean time, due to commodity tanking, china inflation may be moderating much more,

So is their economic production. Which means the West is buying less stuff and domestic consumption is not picking up the slack.

And since the RMB is pegged to the USD, and the USD is going up, I guess that means so is the Chinese currency. The point is that the RMBs value is contrived via political decisions on it's value relative to other currencies like the USD.

p.s. what is wrong with savings?

Nothing at all, within reason. Investment generating a return is better. Putting one's savings into an massively overvalued house/apt that generates no ROI and then loses 60-70% of it's value isn't a very smart way to do it either.

What would happen to you if you lost 60-70% of your savings? Would that impact your economic decisions on consumption?

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
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News