I can only hope that the market has already absorbed this news since this was released last night. Although I check the news all the time and this is the first I’d heard of it.
Time for the FED to fire up the printing presses.
“China denies shunning foreign banks”
First they say no more lending, now they say we never said that?
Good thing the Chinese are sticking to their “honesty is the best policy”… uh, policy.
Maybe we should retaliate by prohibiting the importation of their toxic products and food.
Maybe we should retaliate by prohibiting the importation of their toxic products and food.[/quote]
Then you could sell all the empty Wal-Marts and finance the bailout with that.
Trading overnight funds is a lot different from investments.
If I were China I wouldnt loan the US any money either.