PPRuNe Forums - View Single Post - The Ever Shrinking HKD...
View Single Post
Old 12th November 2007 | 05:45
  #37 (permalink)  
oicur12
 
Joined: Jun 1999
Posts: 453
Likes: 0
It will be a long time before the Chinese depeg the RMB. The banking system is not ready to cope and cannot accurately determine how much hot (speculative) money there is in the economy.

The next big monetary challenges will be the introduction of the Amero to bring Mexicos cheap labor and Canadas natural resources into Washingtons sphere of influence followed by the Fed issuing computer chipped gold bullion.

We live in interesting times to say the least.
oicur12 is offline  
Reply