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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (8332)9/27/2007 9:56:07 AM
From: Hawkmoon  Respond to of 33421
 
wouldn't it make sense for them to concentrate on buiding up their domestic bond market structure?

They're already facing run-away inflation, and tremendous cash reserves, so why do they need a bond market?...

Besides, government debt is normally taken on to avoid deflation (spur inflation). We used to call this economic "pump priming". And China certainly doesn't need that.. lol

Hawk