Is feeling guilty about a position he has taken?
Showing posts with label reuters. Show all posts
Showing posts with label reuters. Show all posts
Friday, 16 October 2009
The Invisible Hand is not George's friend either.
Ah. What a coincidence. HE speaks. The invisible hand is no longer his friend either. Here.
Labels:
china,
currency regulation,
dollar,
George Soros,
remnimbi,
reuters,
yuan
Wednesday, 2 September 2009
Global Financial Chess
Gyrating markets are dealing with a new bit of law from China regarding derivatives. See this article in today's Wall Street Journal. Over the weekend, there was much confusion over whether China had a new stance on derivative contracts. Some on that may be read here.
So. What on Earth? All interpretations and points of view aside, this is the other reason the September markets are in for a ride...
A tidy maneuver and the first move in what might be a long game of global financial chess...
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