SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (32072)11/12/2010 7:20:39 PM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 71408
 
Ya, if China raises and keeps the PEG, they will have
to buy our T-bonds like crazy, since the carry
trade will sure jump on free money - fixed yuan and
interest rate differential. Keep dat in mind. China
does not want to revalue the Yuan. Moreover, if they
do revalue, it will be higher. The more the merrier for
the carry traders. Can they blow the Chinese PEG?
Technically, the answer is no, unless China wants it
to be blown.

If it gets blown, WE might get into proverbial currency
crisis trouble.

google.com



To: Giordano Bruno who wrote (32072)11/12/2010 7:52:50 PM
From: ggersh  Respond to of 71408
 
The one point he misses is that at
anytime a country can pull out of the
Zero. Nobody seems to think that that
is possible, doesn't know the Europeans!

What ramifications that would have is
anyone's guess. Can't be good IMO.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News