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: Haim R. Branisteanu who wrote (39228)	10/6/2003 10:11:12 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hello Haim, <<... several "indirect messages to Haim">> ... I think only one or at most two. <<revalue the Yuan / Rimimby by 30% ... gradually over 5 years>> ... I think this is a given, almost, and at that time China will be anticipating 2008 Beijing Olympics, getting exercised about the 2010 coming out party that will be Shanghai World Expo, counting 12-36 months down to taikunauts' visit to the moon, planning on manned Mars mission at a fraction of the generally accepted and thus 'unfair' budget, and exporting BMWs convertibles, as well as all the shoes and toys for the world :0) A detail I question: did China say revaluing RMB 30% against what. The devil is in the details. For all we can imagine, the USD could have risen by 30% against the Euro and the JYen by that time due to Euro breakup and Japan disapperance, and the RMB, then an Asian-wide currency block, simply float up with the USD to which it is then still pegged ;0) Chugs, Jay