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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (2987)12/8/2003 11:26:20 AM
From: russwinter  Read Replies (2) | Respond to of 110194
 
<40% revaluation of the RMB vs USD is supposed to take care of..

That's an excellent argument for revaluing the RMB very soon, as that would certainly benefit the Chinese in terms of energy purchasing power. Would also make them the preferred customer if the energy producers were convinced they could pay with real, not phoney money (USD). What do you think the timeline is?