5 thoughts on “View and Counter View”
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bellwether says:
Counter view
http://www.telegraph.co.uk/finance/economics/3531989/Shadow-ECB-calls-for-immediate-and-drastic-rates-cuts.html
S2R1 if you read this I went a too far in my earlier comments so apologies for that.
mountain goat says:
Interesting article if this represents Beijing’s view on currencies. They remain wedded to the UD dollar.
mountain goat says:
US dollar sorry
plato says:
Is ths Beijing’s view or is this Hong Kong’s view? If this came from China it would be extremely worrying and tantamount to destroying our currency. I doubt the Chinese would engage in such talk. The Eurozone not any more stable than the UK as every country is not called Germany. It is too early and too speculative to say for definite.
Probably this is also a good opportunity in reporting for Ambrose to emphasize his neutrality to his critics.
stillthinking says:
The Chinese should be given a simple choice, start spending the UK reserves they hold or accept that we will default. Getting ruined because of obsessive foreign savers is ridiculous. If I want to squeeze overdebted UK borrowers, then I can, I am of the UK and I live here. They need to be told to take British goods or to get stuffed.