> Hong Kong, Taiwan
> > and Malaysia all set out to do that on their own this week and the result
> > was significant losses for traders who were short the stock markets in
> > those countries.
>
> They did? Whoa
Whoa indeed. It was inevitable, but still it's interesting. The FT ran a piece on why HK's majoeuvres probably were a big mistake and herald a Chinese currency shakedown. But the FT is the mouthpiece of those who stand to lose most.
Looking at the fundamentals (as they say) how can the sundering of global markets into 3 orwellian currency, trade and ergo political blocks help save capitalism?
-- Mark Jones http://www.geocities.com/~comparty