主题：【原创】别话8：2010新春夜话：串说最近的新闻几句 -- 葡萄

depreciation is different from average nation's currency depreciation: there is serious implication on capital outflows.

The first global reserve currency was GB pound: its financial elites tried all means to defend a strong currency in the pre-1914 empire era.

Most people just repeat the standard answer from the textbook--but they do not understand that different conclusions apply in different settings. Ke Zhou Que Jian.

Let's short Euro market now. It is the beginning of the end of Euro.