Saturday, December 13, 2003
More China
New York Times article about China's stretch to keep the Yuwen pegged on the dollar. As I alluded to before China's economy is balanced on the edge of a knife.
Also I looked and from Feb 2002 to this month the Euro has gained 40% on the dollar. Most other currencies have done similar things. At those prices for dollars we should really be able to export anything to anybody.
Also I looked and from Feb 2002 to this month the Euro has gained 40% on the dollar. Most other currencies have done similar things. At those prices for dollars we should really be able to export anything to anybody.
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