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Details on the new Chineese stimulus package.


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#1 ogm

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Posted 05 March 2009 - 06:45 AM

What package ? :D There is no package. Chineese officials haven't heard anything about that new super duper package. I guess this trade is gone untill the next meeting of their central communist party cabinet. We can probably gamble this ahead of every monthly meeting. Like the Fed ... :D We just need to find out the schedule. All that hoopla about it yesterday. Hilarious.

#2 comfychair

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Posted 05 March 2009 - 07:53 AM

What package ? :D

There is no package. Chineese officials haven't heard anything about that new super duper package. I guess this trade is gone untill the next meeting of their central communist party cabinet. We can probably gamble this ahead of every monthly meeting. Like the Fed ... :D We just need to find out the schedule.


All that hoopla about it yesterday. Hilarious.


Daily news now has equal value to mortgage-backed securities. Symmetry everywhere.

#3 typicalbear

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Posted 05 March 2009 - 08:02 AM

The Chinese have the same stimulus they've always had....to sell their crap to us and anyone else that they can screw over.

#4 rkd80

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Posted 05 March 2009 - 08:46 AM

The idea of a stimulus package in a pseudo communist country is laughable. To Americans government intervention has always been greeted with reluctance, fear and skepticism. In China government intervention is...well, for starters it's not intervention.
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