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| User Info | ROFL! China Tells IBs: Stuff It!; entered at 2009-09-02 01:49:48 | |||
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Throxxofvron Posts: 10339 Registered: 2009-02-17 Hyper-Speculative Psycho-Facsistic Parabolic Blow-Off
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Quote:Let's suppose that the U.S. Goobermint has no choice but to devalue the U.S. Peso, with some rumors being 50%, around DXY 40. This would really upset some foreign goobermints. How far would China loosen the 'Dollar Peg' trading band or is this no longer an issue? Would China enforce a ride of the Dollar down or let the currencies totally diverge? 2009-09-02 01:49:48
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