behind the scenes

    QE2

    Posted by jbidmt on 12th of Oct 2010 at 02:13 pm

    http://www.counterpunch.org/hudson10112010.html

    nice article

    Posted by perthx on 12th of Oct 2010 at 02:22 pm

    They say:

    "This “sterilization” of unwanted financial speculation is precisely what the United States has criticized China for doing. China has tried more “normal” ways to recycle its trade surplus, by seeking out U.S. companies to buy. But Congress would not let CNOOC buy into U.S. oil refinery capacity a few years ago, and the Canadian government is now being urged to block China’s attempt to purchase its potash resources. This leaves little option for China and other countries but to hold their currencies stable by purchasing U.S. and European government bonds."

    Or, it may force them to take {WAR!!}what we won't allow them to buy....hmmm didn't we force Japan into a similar box pre WWII??

     

    right on, very similar

    Posted by PA on 12th of Oct 2010 at 04:30 pm

    right on, very similar

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