..not. http://www.chinadail...tent_832848.htm
No more buying by China
Started by
nimblebear
, Mar 22 2007 04:42 PM
4 replies to this topic
#1
nimblebear
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Welcome to the Dark Side !
Posted 22 March 2007 - 04:42 PM
OTIS.
#2
Cirrus
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Posted 22 March 2007 - 04:50 PM
Why buy our currency/bonds when you can buy assets--RE/commodities/even overseas equities? I think I read somewhere where they are setting up a huge "investment fund" with their reserves (which are growing rapidly).
#3
arbman
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Quant
Posted 22 March 2007 - 06:32 PM
If they buy the European assets, the Europeans will deposit them into US Treasuries eventually, the Asia assets are never so stable since they don't have a big consumer base, they always depend on the western countries. So, the game doesn't end there for US! 
You need a real weakness in the USD to force people exit out of the US securities...
You need a real weakness in the USD to force people exit out of the US securities...
#4
Trend-Shifter
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Posted 23 March 2007 - 12:04 AM
It's all about positioning to have dollar options. So when Congress pressures them to float the Yuan they can hold treasuries over their head.Why buy our currency/bonds when you can buy assets--RE/commodities/even overseas equities? I think I read somewhere where they are setting up a huge "investment fund" with their reserves (which are growing rapidly).
Only in geometry can a line go into infinity.
#5
pdx5
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I want return OF my money more than return ON my money
Posted 23 March 2007 - 02:26 AM
self delete because link does not work.
Edited by pdx5, 23 March 2007 - 02:29 AM.
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