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

To: mishedlo who wrote (26357)3/26/2005 10:45:37 AM
From: russwinter  Read Replies (1) | Respond to of 116555
 
I'm not making RMB predictions, and haven't for some time. They already passed the point of no return when that would have benefitted them. It's a busted currency too, IMO. My main point in all my discussions of late is that China is already in a Bust/Train Wreck, and that will transfer back to the US via the end of cheap vendor financing (already underway),
Message 21170605
and a broken global supply chain. WMT will call their suppliers, and the phones will be disconnected.



To: mishedlo who wrote (26357)3/26/2005 11:24:51 AM
From: RealMuLan  Respond to of 116555
 
Mish, the only explanation is that those guys do have some hidden agenda. They want Chinese economy to collapse so that they can further rip off China just as what they have done in Asian currency crisis back in 1997.


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