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

To: Knighty Tin who wrote (37359)9/16/2005 10:06:06 AM
From: SeaViewer  Read Replies (1) | Respond to of 116555
 
Since they are buying Bush Lira with fiat money of their own, it's not like they are actually putting something important at risk.

It's exactly what the Chinese are doing. They printed a lot yuan, and expanded the industry base at the expense of US workers. They are not afraid of inflation, as everything is so cheap and they can always give their workers 10% annual raise.



To: Knighty Tin who wrote (37359)9/16/2005 10:29:59 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 116555
 
KT, all those CB and institutions have plenty of sources from were to buy paper assets.

What makes me wonder why the decision to buy so much of US worthless paper. Close to 90 billion a month is no small change by any means



To: Knighty Tin who wrote (37359)9/16/2005 10:40:14 AM
From: Chispas  Respond to of 116555
 
G. Bush - "As long as I sit in this chair, all future catastrophes will be planned by me."

I can believe it !

yubanet.com


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