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Politics : Stockman Scott's Political Debate Porch

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To: Clappy who wrote (32648)12/13/2003 4:29:38 PM
From: mishedlo  Read Replies (1) of 89467
 
I thought it was totally rambling bullshit.
Take this nonsense if you would.

Did you read the article that allows Chinese banks to charge more for interest on loans? That move means an incredible increase in the access to capital for investment purposes to companies that didn’t qualify earlier. The government is telling the banks to take more risk to accelerate growth.

Total garbage
China is raising interest rates NOT to increase capital for investment but to SLOW down the demand as their economy is overheating.

When someone is so misguided as this, it makes it had to even want to evaluate the other rambling garbage in that post.

M
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