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


To: Activatecard who wrote (16458)7/11/2004 10:16:17 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
forbes.com



To: Activatecard who wrote (16458)7/12/2004 12:22:41 AM
From: ild  Read Replies (1) | Respond to of 110194
 
I like this phrase as an example of stupidity

The pegging of the Chinese currency to an artificially low rate of exchange with the U.S. dollar ... has allowed China to build up massive reserves of U.S. dollars ...

Fu*k, they are blaming China for cheaply (low exchange rate) selling something useful and accepting funny IOU papers (USD) as a payment.