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To: Giordano Bruno who wrote (412404)12/4/2010 9:16:07 AM
From: Jeff Jordan  Respond to of 436258
 
China's shadow banking system has grown quite sophisticated, making State control over the economy more difficult. "Lending has not moderated, it has merely found other channels," says Fitch ratings, which estimates banks have blown past their $1.1T loan quotas with $450B of off-balance-sheet lending.

Monkey see monkey do<g>

LOL...There is only one step from the sublime to the ridiculous.

youtube.com

..............There's two heads to every coin.<g>

Religion is excellent stuff for keeping the common people quiet.

Religion is what keeps the poor man from murdering the rich

LOL....Politics has got so expensive that it takes lots of money to even get beat with



To: Giordano Bruno who wrote (412404)12/4/2010 3:46:47 PM
From: benwood1 Recommendation  Read Replies (1) | Respond to of 436258
 
Seriously, I would borrow $1 billion tomorrow, if I could get it at .0078%. I'd "edge" 900 million into PM shares and pay myself a really fat salary. Chances our, my bonus next year would be worth few hundred million and my investments would be worth a few billion. Then I'd just pay off the loan and keep on truckin'. Or better yet, borrow $10 billion more and shift into high gear.

And if I go broke, who give's a crap? I'd just get a bailout or move on, neither would be any skin off my nose.