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.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (472401)	10/7/2003 3:52:25 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 769670

Japan, South Korea, China etc.

To: JakeStraw who wrote (472401)	10/7/2003 4:03:15 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

That is the catch, isn't it? The sick dollar is partially propped up by the absence of strong alternate stores of value. But, that is changing. For the past two years, buying ECU and Yen has been a winner... while dollar bonds have lost foreigners big money. Once China's currency becomes convertible (as they promised the WTO) then the pegs will be kicked out from under the dollar. China offers higher interest rates AND and 8% growth rate in national product.