russj41@concentric.net (MacHamish) wrote:
> Vernon North <verno@oyama.bc.ca> wrote:

> >When the cost advantage enjoyed by China is so huge, it may take a huge 
> >drop in the value of the greenback to precipitate that.  And by then, 
> >will the Chinese market be so large, and the subtle barriers to entry in 
> >place, so that the Chinese enjoy both unprecedented economies of scale 
> >in their own markets plus barriers to entry that make them unassailable?
> 
> It will be interesting to see what happens to the Yuan when it is decoupled
> from the USD, as it must be and soon.  Right now, they're having it both
> ways.  The IMF members aren't going to stand for it forever.

But what about the 5 countries that aren't IMF members?