Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: cardcounter who wrote (30709)	8/7/1998 12:25:00 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

CC, Quick answer, Yes and yes. China will have no choice but to devalue the Yuan. Also, as you mentioned, the 8% growth rate is more of a fantasy than Sunbeam earnings. These guys are used to lying and having nobody question them. But the analysts covering China haven't learned how to get paid more by spouting official lies in their reports, so, until they get as "sophisticated" as the $2 hookers who do research in the US, the govt. is going to have trouble getting folks to believe their bull pucky. And it will impact the US because China is already one of our largest trade deficit partners. Eventually, this trade deficit ballooning has to concern even the dumbest bulls. MB