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


To: Maurice Winn who wrote (52982)8/1/2009 5:25:04 AM
From: TobagoJack2 Recommendations  Read Replies (1) | Respond to of 218109
 
this is all insane

usa should just save china the bother and hand over the us$ printing press, after extracting a promise that all notes printed will be exchanged for usa t-bills, which btw can also be out-source printed in china, and so skip all the intermediaries, they be financiers, banks, brokerages, factories, workers, consumers, investors, and such inconvenient hangers-ons :0)

when first starting working life in china back in 1984, a 5 million us$ investment in china anywhere was great big news china everywhere

and in 1988, before the recession (defined as 6% growth) caused by june 4th 1989 tiananmen episode, an annual us$ 5 bil foreign direct investment to all of china by 100 nations was a record breaking year, and now

reserves, i.e. surplus savings and excess capital, growing at us$ 1.9 bil per day

amazing, the secret weapon known as the printing press