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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (65837)8/30/2010 9:49:35 AM
From: elmatador1 Recommendation  Respond to of 217617
 
Sponsors of Tea Party: Rupert Murdoch. brothers David and Charles Koch, are even richer, with a combined wealth exceeded only by that of Bill Gates and Warren Buffett among Americans. But even those carrying the Kochs’ banner may not know who these brothers are.

....

The Koch brothers must be laughing all the way to the bank knowing that working Americans are aiding and abetting their selfish interests. And surely Murdoch is snickering at those protesting the “ground zero mosque.” Last week on “Fox and Friends,” the Bush administration flacks Dan Senor and Dana Perino attacked a supposedly terrorism-tainted Saudi prince whose foundation might contribute to the Islamic center.

But as “The Daily Show” keeps pointing out, these Fox bloviators never acknowledge that the evil prince they’re bashing, Walid bin Talal, is not only the biggest non-Murdoch shareholder in Fox News’s parent company (he owns 7 percent of News Corporation) and the recipient of Murdoch mammoth investments in Saudi Arabia but also the subject of lionization elsewhere on Fox.

nytimes.com



To: TobagoJack who wrote (65837)8/31/2010 1:33:23 AM
From: energyplay  Read Replies (1) | Respond to of 217617
 
A higher won and yen would also ease some of the enormous pricing pressure on China's companies, which could make wage increases easier...helping the development of internal market growth.

Also, Chinese purchases of other Asia countries debt, and their subsequent purchase of US and other monetary assets, will also help protect Asia from any European PIGS-like problems.

A repeat of the Thai currency crisis ( 'Bahatulism' ) or the Korean credit crunch would not be welcome at this time. Maybe 5 years from now, when Asian growth gets overheated, but not now.

I am starting to think that the second reason is much stronger - avoiding a nasty crisis is far more important than optimizing some short term currency moves. In a possible double dip world, safety needs to be first.

We might be seeing that rare creature, China - Japan- Korea -ASEAN cooperation. Note 2009 agreement -
en.wikipedia.org



To: TobagoJack who wrote (65837)8/31/2010 2:05:36 PM
From: elmatador  Respond to of 217617
 
China to work with Spain to increase trade and investment between the two countries and help push the European nation towards greater growth, Prime Minister Wen Jiabao said Tuesday.
...
also willing "to jointly safeguard financial market stability in the European Union and around the world and raise world confidence in the EU economy and the euro."
google.com