Forum > View Topic (Analytic)
This thread was started in response to the Analytic:
US Dollar Index 14-Year Chart
Daily chart of 14 years of cyclical developments in finance & politics
Also OECD latest on world health -http://news.bbc.co.uk/1/hi/business/8116234.stm
I also read sometime ago that last year non_OECD countries surpassed oil consumption of OECD (i think it was oil-so may need correcting on this)
BUT. They should be boxing way more clever, they have a fixed currency anything rhetoric is fairly meaningless, in my humble opinion they have bitten the hand that has fed them for 10 years. If the Chinese got more creative they could write off those US Treasury bonds , maybe convert them in some form to the IMF, for the new currency, radical i know, it'll never happen i know, but the upside for the world and chinese kudos let alone Ying and Yang, would be REAL international economic stimulus. The USA would owe China so big time that it probably would concede to some form of joint default currency.
Ashraf
moral, if you don't want a bloody nose don't play with the school bully! and then run crying to teacher when you run out of tissue. no one likes a cry baby.
Ashraf
With China once again calling for a new reserve currency.. Do you believe China crying wolf too many times?
The US savings rate is at 15 yr high and if Americans continue to save like this for an extended period of time, should be bullish for the dollar.
Bad news for China, the US will be importing much less from China... but their US debt holdings should be good..
Could China become a Train Wreck and not a savior if the US savings rate holds for a long period of time?
JT
-Jack
Ashraf
I am confused as to why you believe that USD should be stronger now. IF the US economy is getting better (or less worse) and if the Fed are not making motions that they will print more money, then equities would have a chance to rise again. If that is so, then risk aversion lessen, and more risk appetite usually means lower USD. I am asking for clarification. Not making a statement. More like asking a question. If I have it wrong, I like to get it right and understand it at the same time.
Humbly,
Jack