Go Back  British Expats > Living & Moving Abroad > Australia > The Barbie
Reload this Page >

Financial Crises Over

Financial Crises Over

Thread Tools
 
Old Oct 9th 2009, 5:35 am
  #61  
(It's not my real name)
 
renth's Avatar
 
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
renth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond reputerenth has a reputation beyond repute
Default Re: Financial Crises Over

Originally Posted by ozzieeagle
[/B][/I]Looks like the Chinese have to protect the USD to me.
It is in there interest to as they hold so much USD debt.
renth is offline  
Old Oct 9th 2009, 7:48 am
  #62  
 
Joined: Jun 2006
Posts: 4,555
IvanM is an unknown quantity at this point
Default Re: Financial Crises Over

That is part of it. They fix the yuan against the USD to keep imports competitively priced. This is much to the annoyance of the US and others.

It was also Chinese money fuelling the mortgages that kicked off the meltdown.
Originally Posted by renth
It is in there interest to as they hold so much USD debt.
IvanM is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.