Details on the new Chineese stimulus package.
Started by
ogm
, Mar 05 2009 06:45 AM
3 replies to this topic
#1
Posted 05 March 2009 - 06:45 AM
What package ?
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 ...
We just need to find out the schedule.
All that hoopla about it yesterday. Hilarious.
#2
Posted 05 March 2009 - 07:53 AM
What package ?
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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 ...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
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
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.
“be right and sit tight”










