sheep

>而懵仔，太刻薄個英文名都唔識串就咪能出來獻世啦～


Typo mistakes don't deserve capital punishment b ...
fy789 發表於 2011-2-10 14:36

    改判終身監禁
廿五年內不准假釋
剝奪政治權利終身

Lik

since HKD had peg USD for many years,  there is a chance that HKD have been over valued. Once its unpegged, it might be depreciated to 1 USD to 10 HKD.
sheep 發表於 2011-2-10 14:34

That could certainly be a potential problem, and I am not well-versed enough in economics and finance to tell whether the HKD is over-valued. But one other failure of the tying the HKD to the USD is that the economic cycles between HK (and to a certain extend, China) and the US are mis-matched. The US economy is doing rather poorly, but HK's economy is doing relatively well. But because the currencies are tied, the US's fiscal policies (including the interest rates) are hurting HK badly, and HK has lost one of the biggest tools (interest rate control) to protect its own economy.

Overall, I see more benefits in ditching the USD pegging than to keep it. But again, I won't claim to be an expert in these areas.

-Lik

sheep

回復  sheep


使唔使再加唔准識女仔，唔准叫雞，唔准娶老婆，同唔准近任何女色（包括屋企隻狗仔呀旺財條 ...
fy789 發表於 2011-2-10 14:44

    唔會咁冇人道嘅
三個月一次
准許佢配偶 and whatever入去監獄
同佢玩番次

快樂牛郎

There was a period of chaos before it was pegged.  HK's economy is entirely based on financials and real estate and these two industries are extremely sensitive to any currency policy changes.  I would say any benefit of unpegging is minimal compared to the widespread disastrous events that could happen if it's unpegged.

Lik

If Grandfather would allow it, perhaps the best move is to simply unpeg the HKD from the USD, and peg it to the RMB instead. China's economic engine is running stonger than ever, and by all indications, it will continue to do so for the next 10 - 15 years until the aging population and structural problems caused by the 1-child policy begin to rear their ugly heads. Doing that would buy you another 10 - 15 years, which I'd say is pretty good la.

-Lik

快樂牛郎

If Grandfather would allow it, perhaps the best move is to simply unpeg the HKD from the USD, and pe ...
Lik 發表於 2011/2/10 15:09

RMB is not traded in open markets.  "pegging to the RMB" is equivalent to saying you can exchange USD for rmb at any time.

Lik

RMB is not traded in open markets.  "pegging to the RMB" is equivalent to saying you can exchange  ...
快樂牛郎 發表於 2011-2-10 15:50

True. By then there is really no need to have the HKD and Macau dollar la. Which is exactly what I was saying in an earlier post.

-Lik

peter236

Moron,
Read a little before you spew your shxt la. The $3億 is pure profits, not revenues. All the  ...
Lik 發表於 2011-2-10 13:21

Just rubbish comment from you again.
I didn't say, $3億 is revenue.

If you don't know accounting, just STFU.

$3億 is not a lot if you consider the gross margin, return on equity etc.

As for Cafe de coral, there are so many affordable independent restaurants that people can choose, if  they think Cafe de coral and Fairwood are too expensive.

You should complain to Macdonalds and Starbucks instead.

peter236

If Grandfather would allow it, perhaps the best move is to simply unpeg the HKD from the USD, and pe ...
Lik 發表於 2011-2-10 15:09

The one-child policy is not applicable to the rural areas, and to couples who are single child.

Just STFU if you know little.