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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (42849)12/10/2003 7:50:00 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hello Ramsey, <<If US creates some type of Taiwan China tension, wouldn't the USD be dumped as China's way of responding?>> ...

This is a possibility, but I am coming from the other corner, and believe:

(a) The US has no interest in rocking the China-Taiwan boat, because there is simply no percentage in that game ... Taiwan has no oil, and China-Taiwan is becoming one;

(b) China has no interest in rocking the China-US boat, because the producer and the consumer is in fact existing in the same USD-space, facing systemic financial problems, and require cooperation in order to each have an easier time;

(c) Taiwan officialdom does have an interest, and an ever urgent one at that, to rock, and if necessary, sink the US-China boat, because they are running out of time; and

(d) The key, as usual and most of the time, is the TaiwanAverageWong, and we will simply have to see.

<<Judging from the body language of today's photo opp, it sure did not appear Bush was welcoming a friend, or even a guest to the White House>>

... this is necessarily the case, because besides each other, there are very few politicians who can squeeze Bush's balls and grip Wen's balls, except, in the case of Bush, bin Laden, and in the case of Wen, Chen Shui-bian of Taiwan.

In any case, I believe China and the US are exactly like a cat and a dog, destined to be wary of and curious about each other. I think this is not a bad state of affairs, because in the event that China and the US share exactly the same philosophy and cooperate fully with each other, the world will be doomed.

<<I am sure the Chinese premier is receiving a "lecture" as we speak.>>

... I think, in future history books, we will realize that the days of US lecturing China is for all practical purposes now over. Graduation day was 2001.9.11

Chugs, Jay