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The cheh shaped recovery Part I: End of the beginning - Eric Janszen

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  • #31
    Re: The cheh shaped recovery Part I: End of the beginning - Eric Janszen

    Originally posted by c1ue View Post
    FYI - an interesting dynamic:

    If the US is attempting to weaken the dollar - then one possible goal for the BRIC financiers to work toward is selling their own currencies in order to keep the relative exchange rates even (i.e. negate all or some of the US dollar weakening).

    Ironically while this does serve to keep the dollar from weakening as quickly as it should, on the other hand these extra dollars can then be used to disintermediate the US from its own currency.

    After all, the US dollars being 'quantitatively eased' are mostly stuck in big US banks. For the importers/exporters, small businesses, etc etc the dollar squeeze in the form of credit squeeze still exists.

    I'm still considering what this means if true.

    China is in worst shape that the US. They will never let the dollar depreciate against the yuan. You know they don't have social security in China, when it is impossible to find another job, workers will rather kill their managers if there are layoffs.
    http://www.itulip.com/forums/showthread.php?t=11091

    If the US wants to devalue the dollar, it will have to find some other ways - such as imposing a subsidy on exports or...... a tax on imports. ;)
    Last edited by touchring; 08-01-09, 05:35 AM.

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    • #32
      Re: The cheh shaped recovery Part I: End of the beginning - Eric Janszen

      Someone has been reading iTulip! Better late than never I guess.... :-)

      "So, we finally arrive to the shape of the current recovery. The current economic recession will have the shape of the Greek letter Eta. It will look like this – ɥ."

      http://www.financialsense.com/contri...e-eta-recovery

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      • #33
        Re: The cheh shaped recovery Part I: End of the beginning - Eric Janszen

        I'm no Greek scholar but thanks to a google search that isn't the symbol for the Greek letter Eta.

        If he's going to steal someone's work he should be a bit more thorough about it!

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        • #34
          Re: The cheh shaped recovery Part I: End of the beginning - Eric Janszen

          Ha, you are right! Well, I guess saying "cheh" would have stretched the plagiarism a little too far? :-P

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          • #35
            Re: The cheh shaped recovery Part I: End of the beginning - Eric Janszen

            Originally posted by CanuckinTX View Post
            I'm no Greek scholar but thanks to a google search that isn't the symbol for the Greek letter Eta.

            If he's going to steal someone's work he should be a bit more thorough about it!
            Bagged by eagle eyed iTulipers!

            "Until then we will continue in the shape of ɥ."

            Hey, Petrov.


            You mean like this?

            Ed.

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            • #36
              Re: The cheh shaped recovery Part I: End of the beginning - Eric Janszen

              You should read Petrov's other original work, like Ka-Blammo Theory and The Adjustable-Wrench Dollar. ;)

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              • #37
                Re: The cheh shaped recovery Part I: End of the beginning - Eric Janszen

                ηdrawgreek.gif

                it goes down, up and down again

                Why not use it when, when it's in your headline?

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