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TorgoX (1933)


"Il est beau comme la retractilité des serres des oiseaux rapaces [...] et surtout, comme la rencontre fortuite sur une table de dissection d'une machine à coudre et d'un parapluie !" -- Lautréamont

Journal of TorgoX (1933)

Friday January 28, 2005
04:00 AM

Putting troubles all the time

[ #22923 ]
Dear Log,

«"The U.S. dollar is no longer - in our opinion is no longer - (seen) as a stable currency, and is devaluating all the time, and that's putting troubles all the time," Fan said, speaking in English.
"So the real issue is how to change the regime from a U.S. dollar pegging ... to a more manageable ... reference ... say Euros, yen, dollars - those kind of more diversified systems," he said.»

--"China has lost faith in stability of U.S. dollar, top Chinese economist says"

That means "let us eat Taiwan for breakfast or else we're cutting off your credit".