GLOBAL ECONOMY GETS A HUGE DOSE OF GREAT NEWS: CHINESE TO GRADUALLY LET YUAN FLOAT

A FLOATING YUAN IS ONE OF THE THREE LEGS OF THE STOOL OF THE NEXT GLOBAL ECONOMIC BOOM.

• THE OTHERS ARE ... #2 - CHEAP ENERGY - ESPECIALLY CHEAP OIL, AND #3, CUTTING TAXES AND GOVERNMENT TAXES WORLDWIDE.
• AUSTERITY IS ALSO FORCING EUROPE TO DO #3. A GOP VICTORY IN NOVMBER WILL HAVE THE SAME EFFECT HERE.
• IF WE CAN KILL THE AGW BS, THEN WE CAN ACCOMPLISH #2, TOO.

2011 MIGHT BECOME A BOUNCE-BACK YEAR.

AND IT MIGHT HAVE A SPECIAL BONUS: WE MIGHT GET TO IMPEACH OBAMA!

MORE ON THE YUAN HERE.