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

To: Elroy Jetson who wrote (93088)	1/20/2009 5:54:24 PM
From: John McCarthy	Read Replies (1) \| Respond to of 116555

EJ Thank you. In a word (and this is no bs on my part) Your response was brilliant. And a good part of your response I had no prior theoretical awareness of ... and so ... I have put it in notepad and gonna play catch-up on it going forward .... but I'm a dummy ... so its gonna take me awhile to "internalize it" That said - (and I am NOT trying to drag this out into a long discussion ) (a) We know China is gonna spend in the range of 25% to 40% of their foreign reserves .... (b) based on what you wrote ... does (a) mean then that "China money" is going to be allowed to float and/or it WILL float irrespective of what the government does? -- or --- I had better re-read what you wrote and simmer it for a month or so before asking questions regards John