Don,
Sorry to jump in when you addressed Ron, but he did exactly what you suggested already. Only problem is, it's on another thread. A couple of months ago I was posting quite a few questions about devaluation. Ron and Tom(also on Hong Kong thread) did an excellant job of explaining why China would not devalue. We went back and forth for weeks upon weeks covering this subject. Their reasoning was sound and they ended up being correct.
But about a month ago, I got the sense that Tom was not quite so confident anymore. But with Ron, I didn't get any sense he wavered. This is only my opinion of what I perceived. I could be totally off base.
I doubt anything Ron said months ago changed. But, anyway, just wanted to let you know Ron did state his case already. That's why he made his seemingly unsupported statement in reply to my post. You may be able to find all our past discussions if you do a search on "yuan" and "devaluation." Or maybe, "Hong Kong dollar" and "devaluation." I may review them because I'm getting slightly concerned once again. :)
If you find any good current articles on possible devaluation, by China, please link us to them. It would be appreciated.
MikeM(From Florida) |
