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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: John Madarasz who wrote (2955)7/6/2003 12:06:33 PM
From: LLCF  Respond to of 4904
 
<Large amounts of dollars, yen and other foreign currency flow into China, but strict controls keep most of it from leaving the country, allowing Beijing to amass $340 billion in foreign reserves as a buffer against fiscal instability in a crisis.>

Stored up global inflation. Hey, print currency, trade paper for goods. How could it get any better? Best deal on the planet, let the Chinese worry about what to do with that stuff and be quiet! -ggg-

DAK



To: John Madarasz who wrote (2955)7/7/2003 5:08:43 PM
From: Box-By-The-Riviera™  Read Replies (2) | Respond to of 4904
 
nice article in the new yorker... july 7th edition page 27.

Baumol's Cost Disease

Article Title: What Ails US