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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Philip Nolan who wrote (19237)	11/9/2004 6:37:37 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 312482

Ah Europeans telling us to cut our deficit - amazing! What happened to the rules supposed to maintain the Euro? Bob

To: Philip Nolan who wrote (19237)	11/9/2004 10:10:57 PM
From: Cogito Ergo Sum	Respond to of 312482

Part of the point of devaluing is to become more competitive... with that though comes a lower standard of living because everything you need costs more........ With productivity improvements that is less an issue... for non staples at least.. Sure it will hurt the Chinese as their inputs rise too... Sure Chinese goods become more expensive possibly if the remnimbi is revalued upwards... Sure though Chinese input costs for raw materials become cheaper too.. What costs the Chinese more ? domestic inputs or raw materials ? I dunno really... The Chinese key IMHO is to get their domestic market cooking... that will be good for the entire world... take pressure off the US .. and will be good for my Chinese stocks LOL..