“Crucially, China and rising Asia have reached the point where they can no longer keep holding down their currencies to boost exports because this is causing mayhem to their own economies, stoking asset bubbles.
September 23rd, 2009 | Bill Bonner | 10 comments | Continued
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The Markets
All Ordinaries 4325.800 -33.600
S&p/asx 200 4249.600 -35.500
China Shanghai Co 2338.115 -13.74
Gold Sep 11 0.00 0.00
Clj11.nym 0.00 N/A
Nikkei 225 9066.23 +67.051
Indu 0.00 N/A
S&P 500 1351.77 +9.13
Ftse 100 5905.70 +53.31
2012-02-14 23:34 Most Comments
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