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

To: elmatador who wrote (63939)	5/18/2005 9:26:33 AM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

don't tell me that you really believe all those craps<g>

To: elmatador who wrote (63939)	5/18/2005 12:57:11 PM
From: BubbaFred	Read Replies (1) \| Respond to of 74559

Sometimes the farts sound louder than words. That's what US has become expert at, making loud farts.

To: elmatador who wrote (63939)	5/18/2005 4:51:07 PM
From: Maurice Winn	Respond to of 74559

It's so dopey to accuse China of having an unfair trade advantage by "artificially" keeping their currency "too low". If a currency is too low, the people working there get paid not enough for their efforts. How is that a problem for the people doing the buying, in this case, Americans? Or me. I quite like buying cheap things from China. I'm hoping they'll produce a $1000 Lexus equivalent and a $10 CDMA cyberphone. That is NOT a problem. I like it. When they go shopping with their little pay, they can't buy much from said Americans, but have to give the sellers a LOT of money to get the goods. How is that a problem for the seller? Moreover, if the buyers and sellers don't like the price, they can refrain from buying or selling. Simple. China's currency isn't too low anyway. It's maybe even too low. Because, China will one day discover [as if they haven't already] that they can pixelate/print another megabillion yuan and use those freshly produced currency units to buy things the printers [the government aka Hu Jintao] want to buy. Such as submarines, rockets, bombs, highways, dams, airports, power stations, buildings galore and even a Great Wall if they want yet another wall in a country which seems full of them. There is a LOT of things they can spend money on and when they pixelate another trillion of them, the dilution will make the existing ones worth less, meaning, not over-valued. Crazy Americans! Mqurice