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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (23375)2/11/2005 1:58:13 PM
From: RealMuLan  Respond to of 116555
 
Oh, come on, in 2005, and the next 5 years to say the least, the US treasury still has plenty of value. The sky is not falling in one year, or not even in 10 years. In a long run, say 20 years from now, I agree with you, all those excessive US$ bills will come back to the US to roost<g>

And I am almost positive that after 5 years, or 6 years at the most, RMB will float, at least managed float.