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To: RealMuLan who wrote (26360)3/26/2005 11:58:57 AM
From: russwinter  Read Replies (1) | Respond to of 116555
 
You keep changing the topic on me, as I'm addressing a corrupt and bankrupt Chinese banking system, not the national debt level of the Chinese govt. And I'm simply not here to debate the issue of whose shit smells better, the US or China, and never have. I am not a US apologist, and that should be clear to anyone who even remotely reads my commentary.

The relative solvency of the Chinese govt and the foreign reserves holdings (if they don't allow the US to inflate them away), might help set the stage for a more balanced recovery, but only if China also addresses transparency, environmental, corruption and their busted enterprise model. China has a long hoe first though.

Roubini's site:
stern.nyu.edu

<CCB scandal is related to bribe from a company of Fidelity. >

That's nonsense, the CCB scandal(s) are systemic and widespread, and hardly just isolated to one bribe from a particular US company. Is this typical of the propanganda folks in China get fed? If so, the road to post-Bust recovery will be very difficult indeed, and I sure wouldn't bet on it.



To: RealMuLan who wrote (26360)3/26/2005 4:37:18 PM
From: NOW  Read Replies (3) | Respond to of 116555
 
Yiwu: why is it that you often come off sounding like a shill for the chinese governemt? or at least very sensitive about any perceived criticism?