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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: dybdahl who wrote (9460)7/11/2008 3:41:23 PM
From: The Wharf  Respond to of 71475
 
High quality and reasonable price i assume. So Chinas inflation rate is playing heck as well as oil costs. Currency change yuan has increased about 18% to Krona in the last five years. China labor has gotten more expensive and suppliers are trying to cut cost wages start to not meet costs as inflation continues and higher wages are demanded.

China yuan did not increase in the world market at a rate fast enough to stall inflation on the commodity end which would benefit her own internal companies who must buy in yuan.

In the mean time due to plunge in US dollar she on the world market is holding a decreasing asset.