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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (5120)12/17/2003 1:25:07 PM
From: yard_man  Respond to of 108559
 
re DROOY:

mips1.net



To: isopatch who wrote (5120)12/17/2003 3:59:21 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 108559
 
trade friction with China, + domestic credit demand in China
will combine to reduce their appetite for their losing investments in USTrezBonds

pure mercantile behavior
in the short run it helps keep their industries humming
in the long run, they will bring on tough capital banking problems

I BELIEVE CHINA WORMS ITS WAY OUT BY ESTABLISHING A GOLD-BACKED YUAN CURRENCY
which overrides all capital banking reserve problems
/ jim