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....................................... Abnormal Characters, end of day, Monday, November 3
Stephen Roach reminds us that "currency strength is too important to be left to the whims of politicians."
"... US Senate staffers have told me how they arrived at their estimate of a 27.5% undervaluation of the RMB; they took the
arithmetic average of the extremes of 15% and 40% as provided to them by a panel of 'experts.'"
Do you want to laugh or cry? We visited the Design Museum this weekend and were very disappointed. You can visit the museum store for free -- it's the most interesting thing about the place -- and save your £6 per person admission fee. Also if you are planning to have sushi at Kampai (26 Penton Street), don't bother because the restaurant is gone, out of business I guess. "Playing the stock-market [is] the last refuge in the world for the dangerous intellectual out of a job." -- Ray Bradbury, Farenheit 451 Previous Entry >>> Random Thoughts -- November 1 & 2 |
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Chairman MaoXian |
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