I CAN HAZ REVALUASHUN?

O HAI,

I SAW DIS (http://bit.ly/belxIr) LAST WEEK, BUT FORGOTZ 2 BLOG ABOUT IT. I THINKZ IT CUD B VERY HOOJ NEWZ.

4 TEH FIRST TIEM IN ITZ 39 YEER HISTORY, TEH MONETARY AUTHORITY OV SINGAPORE (MAS) REVALUD ITZ CURRENCY ON APRIL 14TH. MAS USEZ TEH EXCHANGE RATE OV TEH SINGAPORE DOLLAR (SGD) 2 BASKET OV CURRENCIEZ RATHR THAN INTEREST RATEZ 2 DIRECT ECONOMIC POLICY. SO DIS SIGNALZ DAT DEY R MORE WORRIED ABOUT INFLASHUN THAN STIMULATING GROWTH. ADDISHUNALLY, IT SHOWZ DAT CHINA MITE END TEH RENMINBIS (RMB) PEG 2 TEH DOLLAR (USD).

SINGAPOREZ ECONOMY EXPANDED SURPRISINGY HOOJ 32.1% (ANNUALIZD) TEH FURST QUARTER OV DIS YER, AFTER CONTRACTIN 2.8% TEH PREVIOUS QUARTER. IN COMPARISON, CHINA EXPANDED 11.9% OVAR TEH SAME TIEM PERIOD. I DUNT EVEN WANTZ 2 THINKZ WER TEH US ECONOMY WAZ.

SO, TEH ECONOMY OV SINGAPORE IZ DOIN VERY WELL, AND TEH MAS IS PREEMPTIVLY N AGRESSIVLY FIGHTING INFLATION. DIS IZ NOT LIK TEH PLAY FIGHTING I DOES WIF MAI BRUDDERZ. DIS IZ MOAR LIK TEH FIGHTING MAI BIG BRUDDER (PK) DOES 2 MAI LITTLE BRUDDER. PK FIGHTZ SO MAI LITTLE BRUDDER WILL LEAVE PK ALONE WHEN PK NAPZ.

OV COURSE, TEH PUNDITS IN DA AMERICAN NORTHEAST HAS NO CLUE WUT DIS POLICY SHIFT RLY MEANZ. IZ CAN TELL U WUT IT MEANZ - TEH ECONOMIC CENTR OV TEH WURLD IZ MOVIN....

YOU CAN READZ MOAR HERE: http://bit.ly/cv8TRk AND HERE: http://bit.ly/cxSoV7.

K THX BAI,
MANNIE