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Sunday, December 23, 2007

Peoples Bank of China

China is raising savings interest rates while the USA is cutting.

My guess is that our markets will start seeing money shift back to China.

I don't see a Santa Claus rally this year.....do you and why?

1 Comments:

Blogger Brenda Bowers said...

No way in Hell! But this is not going to be the bad one yet because China is still passing out the rope. The really bad one will be when China decides to call all those loverly little USA notes they are buying up. BB

December 24, 2007 at 11:45 AM  

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