So Tiny Tim heads off to China. Before he begins chatting with
the Chinese, they announce that they plan on selling Euro
denominated bonds. Euro tanks. Market tanks. Tiny Tim finishes his
conversations and the Chinese announce they won't be selling Euro
denominated debt. Euro takes off and markets take off. Wonder what
they got out of him? I must say, the Chinese are very good at
setting the table for negotiations.
Tiny Tim's excellent adventure in China
Posted by puma on 27th of May 2010 at 02:24 pm
So Tiny Tim heads off to China. Before he begins chatting with the Chinese, they announce that they plan on selling Euro denominated bonds. Euro tanks. Market tanks. Tiny Tim finishes his conversations and the Chinese announce they won't be selling Euro denominated debt. Euro takes off and markets take off. Wonder what they got out of him? I must say, the Chinese are very good at setting the table for negotiations.
tim and the chinese
Posted by lcstrickland on 27th of May 2010 at 02:55 pm
what worries me is how easily the US market is moved by the Chinese or action in the EURO...shouldn't be that way