Foreign Banks Next

[Raybyrnes]

BUSINESS / WORLD BUSINESS | September 5, 2008
Main Bank of China Is in Need of Capital
By KEITH BRADSHER
China’s central bank is in a bind, after snapping up roughly $1 trillion worth of Treasury bonds and mortgage-backed debt issued by Fannie Mae and Freddie Mac over the last seven years.

http://www.nytimes.com/2008/09/05/business/worldbusiness/05yuan.html?pagewanted=2&_r=1&emc=eta1

[jonnycsd]

The only problem with this outcome is that we should have sold them $2 trillion worth.

[jonnycsd]

The only problem with this outcome is that we should have sold them $2 trillion worth.

[jonnycsd]

The only problem with this outcome is that we should have sold them $2 trillion worth.

[jonnycsd]

The only problem with this outcome is that we should have sold them $2 trillion worth.

[jonnycsd]

The only problem with this outcome is that we should have sold them $2 trillion worth.

[Arty]

Don’t forget China is still a communist government in theory. Bill out is in its blood and it’s probably in its constitution. Like Jim Rogers said, “we are more communistic these days compare to China.”

[Arty]

Don’t forget China is still a communist government in theory. Bill out is in its blood and it’s probably in its constitution. Like Jim Rogers said, “we are more communistic these days compare to China.”

[Arty]

Don’t forget China is still a communist government in theory. Bill out is in its blood and it’s probably in its constitution. Like Jim Rogers said, “we are more communistic these days compare to China.”

[Arty]

Don’t forget China is still a communist government in theory. Bill out is in its blood and it’s probably in its constitution. Like Jim Rogers said, “we are more communistic these days compare to China.”

[Arty]

Don’t forget China is still a communist government in theory. Bill out is in its blood and it’s probably in its constitution. Like Jim Rogers said, “we are more communistic these days compare to China.”

[Author]

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