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

To: Hawkmoon who wrote (67975)	11/10/2010 10:21:48 PM
From: Maurice Winn	1 Recommendation Read Replies (3) \| Respond to of 217588

Hawk, the US$ is free marketed. The yuan is set at a fixed price [near enough for government work] in US$. That makes it a free market. China can pixelate $squillions of them just as the USA does with US$. The yuan gets dragged up and down with the US$ whether they like it or not. I'm sure there are futures contracts which people can trade for yuan. It would be surprising if Goldman Sachs and co don't have such contracts so that people can place $billion bets. Mqurice

To: Hawkmoon who wrote (67975)	11/11/2010 2:05:58 AM
From: elmatador	Read Replies (1) \| Respond to of 217588

In domestic spending, the biggest savings would result by slashing the number of non-defense contractors by 250,000 ($18.4 billion in savings), eliminating earmarks ($16 billion), freezing salaries for federal workers for three years ($15.1 billion) and a 10% reduction in the federal workforce ($13.2 billion). The plan includes $200 billion in domestic and defense saving within the next five years. On the defense side, the largest cost savings would come in the form of overhead savings already proposed by Defense Secretary Robert Gates ($28 billion in savings), a 15% reduction in Pentagon purchasing ($20 billion), a three-year freeze on pay for Defense Department officials and non-combat personnel ($14.5 billion), and a 33% reduction in overseas bases ($8.5 billion). blogs.forbes.com

To: Hawkmoon who wrote (67975)	11/11/2010 4:06:30 AM
From: TobagoJack	Read Replies (2) \| Respond to of 217588

people willingly hold yuan and usd, indifferent at current exchange rate for above is how i define free market how do you define it? my wager, should yuan float, and china exercises its printing machine as america is exercising its printing machine, yuan would fall

To: Hawkmoon who wrote (67975)	11/11/2010 7:18:54 AM
From: TobagoJack	1 Recommendation Read Replies (2) \| Respond to of 217588

it is tuition time, just in in-tray From: C Sent: Thu, November 11, 2010 8:00:52 PM Subject: Re: Observations - Week of November 8 Half of all US apple juice from china now, all in last 10 yrs. I have a case study. n or go to US dept of agri web site I think too. From: R Subject: Re: Observations - Week of November 8 It is Keynes speaking Mandarin out of one side and English out of another? fwiw of interest to some here, I sat next to a guy on the plane who has been buying food abroad/setting up processing plants for food to coming to the USA for 30 years. He deals with fruits veggies-all processed as in frozen or canned. He used to go almost exclusively to Mexico, Brazil, Chile, etc., but now never he goes there at all. Claims that China's ability to compete has put South America out of biz for all intents and purposes. Was on his way to thailand/china - (thailand which he says is being phased out as it can no longer compete with china) and he deals with big folks-Birdseye, Del Monte, etc. Says most of USA does not realize how much bulk food is now sourced from China, (as in canned and frozen veggies etc. instant cocoa,-anything processed- he does not work in dairy or meats) Mostly in the last 5-7 years. More interesting still imho-is that he says, for 20 years his biz was relatively stable, but he says this time (this trip of which he makes 3 or 4 a year), he is looking at price increases on the order of which that he has never seen before in his career-across the spectrum. (Apparently, in addition to owning UST's, which many are aware of-a significant portion of the USA's processed food comes from China)- fwiw-He says food inflation is coming to the US in a big way. From: J Sent: Thu, November 11, 2010 6:26:29 PM Subject: Re: Observations - Week of November 8 M, the 'deflation' tendencies in usa is powered by unsupportable debt at all levels, enhanced by toxic derivatives in every nook, unfunded liabilities in all crannies, and all boosted 30x by mind-searing derivative complex, troubled by continuing imperial deficit imperative requiring foreign funding or domestic printing, all without a viable alternative choice of action until stopped stone cold by others' actions. China is just tagging along to tag along and partake in the goodness. Not all bubbles are created equal and end the same exact way. This is why I am in favor of getgold AND holdhkrealestate, and am prepared for halving of either, so I might choose to go all-in to one or the other. I am not in favor of going at all in to the usa, because I fear its issues are systemic, structural, and at the base having much more to do with the end of imperial cycle than business cycles and such simple happenings. On Nov 11, 2010, at 2:20 AM, M wrote: What's wrong with this picture? US Money Supply M-2: $8.764 Trillion China Money Supply M-2: RMB69.980 Trillion or US$10.565 Trillion. China's M-2 aggregate money supply is now 21% larger than the US M-2 Money Supply. That is not healthy, not in the least. When the crash does come (June 13, 2011 anybody?), it will be ugly......