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


To: carranza2 who wrote (29042)6/19/2010 5:44:55 PM
From: orkrious  Respond to of 71456
 

Roubini thinks that the renminbi will get weaker as against the dollar.


Heinz has said that forever.



To: carranza2 who wrote (29042)6/19/2010 7:18:27 PM
From: Elroy Jetson  Respond to of 71456
 
China has never been able to borrow any significant amount of money in their own currency, only in Euros and Dollars.

It's obviously no one with significant amounts of money believes the Chinese currency will either rise in value, or even maintain its value, over time.
.



To: carranza2 who wrote (29042)6/19/2010 8:08:35 PM
From: Real Man  Read Replies (1) | Respond to of 71456
 
They will move at their own pace, so, probably, it might not
start right away. I don't have a clue also. Never heard the
reasoning behind possible yuan depreciation. The reasoning
behind appreciation is kinda obvious - the peg was maintained
to manipulate yuan to the downside

en.wikipedia.org