On Mon, 17 Mar 2008 06:45:12 -0700 (PDT), "fyfpoon@[EMAIL PROTECTED]
"
<fyfpoon@[EMAIL PROTECTED]
> wrote:
>On Mar 17, 7:08 pm, "Albert K. Fung" <akwf...@[EMAIL PROTECTED]
> wrote:
>> The worldwide dumping of USD ....
>>
>> Is now in full force, causing a dramatic decline against all
>> commodity currencies. Hundreds of billions of China's hordes
>> of USD, eva****ated into the atmosphere.
>>
>> Perhaps the real reason behind BJ's foul air .... :)
>>
>> Regards,
>>
>> Albert K. Fung
>> La Brisas/Valle de Guadalupe, Baja California, Mexico.
>> ---
>> Posted via news://freenews.netfront.net
>> Complaints to n...@[EMAIL PROTECTED]
>
>Can the Chinese government use these US$ to buy goods made in the US?
>As soon as they keep buying from the US, things don't seem that bad.
>The US gets the jobs and the Chinese get back the goods. It is a win/
>win situation that can be used to rectify the account balance surplus/
>deficit.
The best investment will be to buy US property. Its cheap now or
going to be cheap in the near future. As all Chinese and Jews know in
times of trouble buy gold and buy property. Buying goods is no use if
you cannot consume it or use it to make something else.
Speaking of gold, the US has most of the world's gold although it is
no longer needed to back the USD. Maybe China and the other countries
can start a measured campaign to make the US sell their gold to buy
down their debt.
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