Two quadrillion dollars worth (two thousand trillion dollars) of craps game side bets on all the real wealth accumulated since the last great depression. Thirty years of global GDP flushed down the toilet.
bearish data to favor their own relatives hedge fund companies short-selling trades!
Some people blew the whistle and ended up in prison! Why the world with so many Ivy League graduates would blindly believe the numbers released by Chinese government??
Their government officials have profit of tens billions from their domestic stock market crash! Now, they are predidating the global investors! Unbelievable!
Peter Lugar sharpenin' up the steak knives, porterhouses bein' seasoned and marianated, top shelf booze ready to flow, fresh bread ordered, desserts in the oven, and special ( PPT with raspberry vinagarette dressin') the salad a the day. Gonna be a biggun of a day for the PPT. Money bags bein' unloaded, oil changes fer the printin' presses, and fresh flowers fer Janet...............them steaks will taste mighty fine tonighty, nite, nite at ole Peter Lugaars..............what a day today will bring...........all ABOARD!!!!
Bags a freshly printed hunnerts (As Buttaroma would say) ready to deploy. Helicopters ready. 7:00 p.m. dinner reservations at the steakhouse made. Ready fer action...............all aboard!!!
The situation of the us econmy is bad, just ones that have job can increase they income, no new jobs are been created at this point we can see citys that the new creation of jobs don´t exist like Detroit, New Orleans and Las Vegas.
China produces goods and they sell to Europe and USA, the rest of the Money go to buy natural resources and to estimulate his economy where Usa companys and European companys go to sell his products and get the Money that was send to China.
This crises in China was made when the government tryed to increase the Chinese market and that disrupt the cycle of the chinese Money.
I belive only USA and European central banks could create Money, China must sell products to this markets and that his way to create Money.
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