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To: patron_anejo_por_favor who wrote (259890)9/11/2003 5:18:29 AM
From: Tom Smith  Respond to of 436258
 
hot, steaming pile of shit in launch position, settings for maximum fan rotation engaged....

finance.yahoo.com^N225&t=5d&c=



To: patron_anejo_por_favor who wrote (259890)9/11/2003 9:13:01 AM
From: TobagoJack  Read Replies (3) | Respond to of 436258
 
Hi Patron, I figured China can figure out a formulation for increasing its foreign currency reserves's worth and weakening Yuan against the USD, by simply printing faster than Greensputin knows how to manipulate the US currency :0)

Furthermore, any Chinese action with regard to weakening Yuan will set off competitive weakening all across Asia.

It is fun watching the developments:

quote.bloomberg.com

Dodge Says Floating Chinese Currency May Fall, Backfire on U.S.

quote.bloomberg.com

Chinese Yuan Issue Shows U.S. Senate's Glass Jaw

I also reckon all of this will not end well, ala 1929, but may be profitable in any case, if we keep to the truth as opposed to the facts.

Chugs, Jay

P.S.
Message 19031675
<<June 14th, 2003
Hi DJ, <<which for me just rephrases your question>> ... get with the program, subscribe to the Script, anticipate TeoTwawKi, and look forward to abracadabra.

China, the still small but getting bigger and still incubating baby, must nurse on Japan's wealth, sop up on US' market buying power, convert Indonesia's resources, and ...
This is why the US officialdom had been pushing globalization (not, as rumored, because the US believed it would end up in charge), Greensputin is harping on productivity, Bernankaput is raving about printing press, and Pax Americana is intent on keeping the oil price low ...

... until China can stand 100 feet tall on its own 8 feet :0)

And this is why the Chinese Yuan will not appreciate until it is good and ready. In the mean time, Japanese can invest their highly valued Yen in Chinese Yuan-space, US can move their high cost factories to Chinese USD-space, Chinese goods can have a growing 'niche' market in the USD/Yen/Euro spaces, and China can finance infrastructure/social investments with more printed Yuan, and this is also why every other country must print, print, and print some more.

Have you ever played 'Last Man Standing' on-line ;0?
Chugs, Jay>>


P.P.S. Buy gold !