Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SeaViewer who wrote (34747)	8/2/2005 6:13:08 PM
From: Roads End	Read Replies (1) \| Respond to of 116555

Makes me wonder which country is state run.

To: SeaViewer who wrote (34747)	8/2/2005 6:45:30 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 116555

China did allow European and American banks to take 49% ownership positions in a few insolvent Chinese banks. I think we should strongly encourage China to take a 49% ownership position in any number of insolvent American and European companies. Perhaps technology poor American companies can set up joint ventures with Chinese companies using Chinese technology. Within the first year the American companies could produce identical products under their own name at a lower price. When China demands these patent infringer's be prosecuted, American officials can throw their hands up in the air and claim there's nothing they can do. China is going to find it difficult to force other nations to bow to their whims as they do with their interanl dissidents. .

To: SeaViewer who wrote (34747)	8/2/2005 7:05:24 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

>> If I were the official, I would quitely dump US dollar.<, How do you know they are not doing what you are thinking?<g> Message 21560318 Plus, in this basket of currencies, they can do plenty of dumping US$ and replace them with other currencies without much of the notice or much of the change of the exchange rate bet. US$ and Yuan.