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Borrowing in Yuan and Investing in Bucks
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Borrowing in Yuan and Investing in Bucks

Our Correspondent
Jan 26, 2007
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Borrowing in Yuan and Investing in Bucks
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It is no wonder that so many of the so-called economists employed by investment banks and hedge funds keep up constant pressure on central banks, especially Asian ones, to keep rates low. Without that there would be no fuel for the carry trade, which has enriched so many ill-deserving bulge-bracket gamblers and could potentially result in the near-colla…

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