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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (33638)5/18/2000 12:24:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
Earlie, we just discussed China's USD holdings in passing on the Clown thread....China could definitely stir up some trouble with its vast forex holdings. not necessarily voluntarily btw., as the Chinese economy continues to be mired in a deflationary depression. its state industry and banking system are in tatters. probably 60% of the outstanding bank loans are unrecoverable duds.

regards,

hb