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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (63024)4/29/2005 7:32:25 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
<<3.33RMB per Dollar>>

... at that rate the chinese buy the world, and all its Big Macs, hand assembled by the Swiss and air couriered to Shanghai, and each will be driving a Range Rover, manufactured in downtown Tokyo !

... and every american will be farming, so as to supply the ingredients for the Big Macs, in which case your students will not need to complete university or hold a driver's license, unless they intend to work in ... Shanghai.

:0)



To: Moominoid who wrote (63024)4/29/2005 7:41:18 PM
From: Gib Bogle  Read Replies (1) | Respond to of 74559
 
"why would you buy assets in a country with a falling exchange rate?"

It's probably worth considering only if that country happens to have overwhelming military superiority, and a demonstrated willingness to use it. (I'm only half joking.)


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