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To: F.J. Mitchell

From what I've seen there are plenty of other people here saying the same things I am.

Currency speculation is a gamble, I'm just trying to point out what the losing side of the bet could be.

As to buying yuan - that would be rather foolish. The Chinese economy (at 8% growth) is seriosuly overheated and heavily reliant on the US (which accounts for 20% of their exports). If the US suffers, China will burst.


50 posted on 11/24/2004 11:29:01 AM PST by Coryoth
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To: Coryoth

That sounds like a development, known as "A Mexican standoff."


56 posted on 11/24/2004 11:46:45 AM PST by F.J. Mitchell (If you were still in the womb, would you trust your life to Specter?????)
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