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Pastimes : Kosovo -- Ignore unavailable to you. Want to Upgrade?


To: GUSTAVE JAEGER who wrote (8032)5/12/1999 9:58:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 17770
 
On the other hand, China keeps subscribing to US Treasury bonds... They might want to divert a bigger chunk of their USD-denominated assets to Euro assets --after all, buying euros at $1.06 is a bargain, isn't it?

You fell down where?? ROFL!!! <VBG>

Europe can't even decide how to deal with a two-bit totalitarian regime in its rump. They need the US to bear the burden while the scoot to their hiding places everytime we have an incident of "collateral damage".

How could anyone possibly have faith in their ability to maintain economic confidence in their currency as a safe have and store house of value??

Regards,

Ron