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

To: TobagoJack who wrote (81825)	10/20/2011 9:47:11 PM
From: Cogito Ergo Sum	Respond to of 218597

You sir are such an optimist LOL.. I was being scary and prudent here :O) Message 27713700 Yes I realise 5%^ is super extreme...

To: TobagoJack who wrote (81825)	10/21/2011 3:59:32 AM
From: elmatador	Read Replies (1) \| Respond to of 218597

Chanos does not see that: China is battling food inflation since fast growth in China take wages higher which in its turn feed into higher prices there. while in the US: High unemployment and depressed demand in most of the world's developed economies have kept many *price pressures in check. The most recent Consumer Price Index in the United States showed a 3.8% rise in overall prices in the 12 months ending in August. Stripping out volatile food and energy prices, core-CPI rose only 2.0%. The Chinese government has been taking steps to try to curb inflation. The People's Bank of China has raised it key interest rates* five times since October. And it has also allowed the Chinese currency, the yuan, to appreciate after years of leaving it pegged to the U.S. dollar. money.cnn.com Therefore we must keep an eye on food prices in looking to the overall picture.