On Long Summer Days

Monday, June 21, 2010 - 11:30 AM

The summer is exciting to behold. Today on the longest day of the year we will have 907 minutes of daylight and that doesn’t count the long sunrise and slow twilight. I’m daydreaming, okay.  It’s kind of slow this morning and to pass the time I was thinking about the fabulous summer the Chinese currency is poised to have. It’s surging within the narrow sandbox that the Chinese government permits it to trade in. This morning it’s trading at around 14 cents to the dollar. 1 yuan = .1471. This means if I had a Yuan for every minute of daylight today I’d have $133.42. If the Chinese government allowed the Yuan to float to its ACTUAL VALUE, imagine how much of a windfall I would have?

One thing is clear, in this century the expression “If I had a Yuan for every time I, etc. etc. etc…” is going to become more common.


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