It looks like the day of reckoning may be approaching for China.
China's strategy of mercantilism will work. Until it doesn't.
Might not be a good time to be in commodities.
http://www.ft.com/cms/s/0/58ac2d38-d...tml?ftcamp=rss
(Need to follow link, FT doesn't want the article copied...)
<edit>
link might not work
google: china rate rise triggers market fall
Look for the Financial Times link
__________________
__________________
Waiting for the perfect moment is a fruitless endeavor.
Make a decision, and then make it the right one through your actions.
"Whoever watches the wind will not plant; whoever looks at the clouds will not reap." -Ecclesiastes 11:4 (NIV)
Last edited by GratefulCitizen; 10-20-2010 at 18:25.
Reason: .
|