Disliked{quote} First, where did you get those numbers? They are incorrect. Second, I didn't say it wouldn't drop , I said it is nonsense to say it should and at a certain exchange rate, especially withou giving a model of your analysis. third, china isn't tanking, they might be slowing , but not tanking. They are will growing at 7%+! Stop reading to much ZH. if the yuan becomes more liquid/easier to buy for foreigners, I will invest in china happily, personal debt in china is low, plenty of room to grow.Ignored
http://rt.com/business/eu-debt-high-q1-459/
It's not as though Europe doesn't have major debt problems, they do.
Yay! Pips for everyone!