Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (36199)	7/17/2003 4:18:12 PM
From: RealMuLan	Read Replies (2) \| Respond to of 74559

>>As long as China insists upon pegging their currency to the US$, they have no other choice than to invest/store their surplus accounts in US$ denominated assets. << Beg to differ. those same economists suggested that Chinese gov. should use them to invest in Chinese infrastructure, and reform banking, investment system... And I quite agree. And I would add, the Chinese gov. can buy some gold, or even Euro or Yen, just not the US treasury<vbg> you should read that article posted by Ramsey about why China should NOT remove the peg.