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Old 03-13-2008, 03:25 PM
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Exclamation China Economy Slowing

Goldman Recommends Selling Yuan Against Rupee as China's Economy Slows Goldman Sachs Group Inc. recommended selling the Chinese yuan against the Indian rupee as the worst snowstorms in more than 50 years and the threat of a recession in the U.S. damp growth in Asia's second-biggest economy.

Too bad my brokers don't have Yuan as an option
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Old 03-13-2008, 03:28 PM
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It's about time, wasn't it "overheating" for years
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Old 03-13-2008, 03:30 PM
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Quote:
Originally Posted by tiesto View Post
It's about time, wasn't it "overheating" for years
Precisely, something about their entire economy is built on our debt to them, and that's not exactly great for the future stability of your economy no matter how much you make today. Maybe they had too much of this type of money, I don't know I'm not an analyst, read some articles or something
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