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| User Info | Temblor Thursday - Challenge To Richard Fisher; entered at 2008-05-29 11:10:43 | |||
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Genesis Posts: 130678 Registered: 2007-06-26 
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Yep - and the mass-revaluation of the Yuan hasn't happened yet. I fully expect import prices to double, but since on most retail there is a 3:1 markup from manufacturer to retail, the impact at the store is likely to be somewhere around 30%, assuming the entire increase is passed on and not swallowed. Of course if its swallowed in whole or part then it hits the "E" in P/E ratios. Take your pick - either way we're ****ed. Last modified: 2008-05-29 11:10:59 by genesis
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