On Sun, 17 Feb 2008 17:24:44 -0800, the renowned "Bob Monsen"
wrote:

"Spehro Pefhany" wrote in message
.. .
On Sat, 16 Feb 2008 21:54:02 GMT, the renowned "Bob Monsen"
wrote:

China won't start a run on the bank, because they own the bank... their
biggest market is the US, and we owe them trillions of dollars.

Their biggest market is Europe, followed by the US and Japan, and has
been for quite some time. A severe drop in the US market could set
them back several months worth of growth, though.


You are right.

http://www.ft.com/cms/s/0/007f09b4-9...0779e2340.html

EU is first, US is second, according to the FT. This is last year's news,
nov 2007, so it may be out of date. US accounts for 1/5 of their exports.

So do you they will yank support for the dollar? I don't think it would be
in their best interests.

Regards,
Bob Monsen

No, I don't expect any sudden changes, barring any rash moves by
idiots in Washington or Beijing.


Best regards,
Spehro Pefhany
--
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