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Thread: China Expects Global Crisis to Spill Over, GDP Growth to Slow

  1. #1

    China Expects Global Crisis to Spill Over, GDP Growth to Slow

    ``This is good for China, China doesn't need speed, it needs quality,'' Liu said. ``When the U.S. had its zero down payment scheme and reverse mortgage loans, we thought it was ridiculous.'' China's ``first duty is to maintain financial stability.''

    It appears the "Day of the Dollar" is approaching faster than we thought.

    http://www.bloomberg.com/apps/news?p...0Xw&refer=home



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  3. #2
    I see... the Fed is buddy buddy with China and is talking with them. But in the USA they are demanding that a bailout needs to be rammed through congress asap.



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