With my blog stating that China may be the net shoe to fall, its likely that in the next upturn India may be the leader till our political hoodlums screw it up the way they do in all countries.
This makes me realize that India will have a strong currency gain in the future years followed by a weakening as we do the usual overcapacity over indebtness game replay of China and US.
It follows from this that the offshore currency yuan weakening in Hong Kong is suddenly making sense.
Chinese are selling out. The money from the cute politicians "transferred" offshore is running away ?
For now, my dollar play looks dominant. Perhaps long 'long term US bonds' are indeed a good play. But they are already at 2007 levels.
Having missed the boat, I have to wait and watch now.
This makes me realize that India will have a strong currency gain in the future years followed by a weakening as we do the usual overcapacity over indebtness game replay of China and US.
It follows from this that the offshore currency yuan weakening in Hong Kong is suddenly making sense.
Chinese are selling out. The money from the cute politicians "transferred" offshore is running away ?
For now, my dollar play looks dominant. Perhaps long 'long term US bonds' are indeed a good play. But they are already at 2007 levels.
Having missed the boat, I have to wait and watch now.
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