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The Masked Tulip

Shanghai Composite Down 2.1% At Midday

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http://www.marketwatch.com/story/shanghai-composite-down-21-at-midday-2011-01-16-2257280

LOS ANGELES (MarketWatch) -- Chinese stocks traded sharply lower Monday as banking shares plunged following Beijing's latest increase to required reserves

Overnight, the Chinese Premier said that thr days of the US Dollar being the reserve currency is "a product of the past" and criticised the Fed's QE2.

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Overnight, the Chinese Premier said that thr days of the US Dollar being the reserve currency is "a product of the past" and criticised the Fed's QE2.

Let's hear your alternative then, sonny. Mercantilism all round, is it?

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Let's hear your alternative then, sonny. Mercantilism all round, is it?

Chinese are just pissed US has a bigger and more effective QE stick than them, that they will be forced to break the peg or import inflation as a result of the Fed's actions.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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