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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (25674)11/26/2007 8:12:52 AM
From: elmatador  Respond to of 217688
 
Add this one: "Debt, with don't pay. We manage it" Brazilian Finance minister before the debacle of early 80's.



To: TobagoJack who wrote (25674)11/27/2007 8:44:57 PM
From: Arran Yuan  Read Replies (2) | Respond to of 217688
 
Now that cash seems to be of some value, haha.

Interesting Q for me is how would this kind of strain impact FDI in China? Expect withdraws to happen, which in turn wreck havoc in Chinese RE, stocks, etc. that would surely jack up inflation in China due to so much freed RMB cash! The end of who wins the currency war in the battle field there is drawing swiftly upon the players sooner than most would think! Good to have Au/Ag stash in hands on OPM. Oh, my mistake, not OPM but hard earned money from good old financial markets. Good old since it may disappear any second now!



To: TobagoJack who wrote (25674)12/3/2007 12:35:47 PM
From: elmatador  Read Replies (1) | Respond to of 217688
 
After HSBC: WestLB, HSH Nordbank Bail Out $15 Billion of SIVs (Update2)

By Neil Unmack and Aaron Kirchfeld

Dec. 3 (Bloomberg) -- WestLB AG, Germany's third-largest state-owned bank, and Hamburg-based HSH Nordbank AG provided financing to more than $15 billion of troubled investment funds to prevent a fire sale of their assets

bloomberg.com