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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (2219)	4/26/2002 1:53:58 PM
From: John Pitera	Read Replies (2) \| Respond to of 6346

Very Interesting article. Yu cited a recent estimate by investment bank Goldman Sachs that America's stock of net external liabilities could reach $5.8 trillion, or 46 percent of U.S. GDP, within five years doubt we get there, something should happen first. He predicted the yuan would remain strong in any case, supported by China's trade surplus and foreign direct investment inflows, but said the government would keep open the option of devaluation in case other countries in the region did the same. some double speak there. The Yuan is pegged to the dollar, neither strong nor weak. and also it's going to remain strong unless the Govt decides to do a competitive devaluation. -g- thanks for posting that too me. when you getting back.... and when you going to Russia? you can play back in the USSR as you fly there -g-