Nicholas Geti wrote:
> Little you know about economics. China will not be selling these bonds just 
> for that reason. The bonds are denominated in dollars so why would they sell 
> and hurt their remaining portfolio. Secondly a lower dollar means that the 
> U.S. will be buying less; not a good thing for China.
> 

Maybe you are an economist (my daughter is) but you don't read the news.
Chinese officials have threatened to do just that if US try to block
their products.
Remember, it's not all about money, sometimes it has to do with power,
and sometimes you are willing to make sacrifices in order to bring down
your enemies (ask the Iraqis).

> 
> ----- Original Message ----- 
> From: "Ricardo Aráoz" <[EMAIL PROTECTED]>
> To: "ProFox Email List" <[email protected]>
> Sent: Friday, August 10, 2007 6:43 PM
> Subject: Re: [OT] Mexican migrant workers in Canada
> 
> 
>> Soon the Chinese will start selling their US bonds. Then dollar will
>> plummet and US will fall. Then I will be telling you monkeys to wrap on
>> a rubber..... and to put a shirt over your wet backs.
>>
> 
> 
> 


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