ROFLMAO ,,
Russia has spent over 3.4 bill of IMF money to defend Roubles,,since July 20th ,, and finally gave up,, will allow Rubles to be devaluated to 9.5 to a dollar ,, a slide of 35%,,
They are getting another batch of 11.5 bill in a fortnight,,, to cover their short debt service,, hope they don't screw around defending their currency,, Malaysia got creamed doing that ,, and Hong Kong is now using their foreign reserves to screw around ,,defending their stocks, in order to pacify money bags,, who are making an orderly exit as noodle shop vendors and barber shop owners are buying into this false rally,, also a well known Asian journalist who has interviewed the gopvernor of Taiwan central bank,, is staying at my home,,, he tells me ,, that China will devalue their surrency ,, soon,, as China's central bank is printing money to subsidise their factories,,
Listening to LBOR conference,, the allegation is accounting procedure BS and immigration violation,, as LBOR is a manual labour pool provider,, I do wonder where they get all their manual labours,, will watch it Money Made,, it's scary though ... Comapany has no cash ,, |