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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:
USD
Discuss USD
yes you have a mathematical mind. Indeed forecasts from statistics can be more wrong than chart tealeaf reading which is as precise as coin flipping. So 50% of calls are right. But economy forecasts from statistics can be always wrong.
chinese spend 100 years to become democracy, but still not yet.
today, my friend in beijing show me an old news about 04/june/1989. just before that date, newspaper said young graduate 100 years salary juast be able to a new home in beijing.
nowadays, beijing property price at that high again. 1 square meter new home about 50000 RMB (7500usd).
i also heard many young women will not get married with a man without "new" property. scary story, i am afarid maybe i should find a girl friend in britain...@-@
QE2 month by month may be too slow. If job growth doesn't go above 150 k month by month
, a market correction stocks and commodities must occur as the negatives from European debt, US foreclosures and US debt ceiling will manifest earlier than Q2. Increasing QE would not change that. USDx could reach and top 85 . The inflation in economies which hold US debt in USD will explode. Titanic China will hit an iceberg and the unsinkable will sink.