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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Amy J who wrote (18504)3/12/2004 12:58:04 AM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
Personally I think we can handle a little inflation of chinese goods. I actually think there has been so much depreciation in chinese imports, US buying power is too high. There are coffeemakers at target for $7, microwave ovens for $40 and shoes for $15 available in US retail like Target and Payless shoe, these places have decent markup. These prices are less than I paid when I was in college in the 80s.

I don't know what the situation is with this Remindi float now, after the chinese said "no float for a long time". This yuan situation is killing a bunch of US industries, its worth a trade war to get that currency floated asap imho.

Whoever negotiated these trade deals for the US needs to be replaced.