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3rd death in TX now. :( http://www.chron.com/disp/story.mpl/ap/tx/6425790.html Texas officials report swine flu death © 2009 The...
I too agree that swine flu is not that serious as a public health problem (probably only a flu with 10x the death rate of the normal flu)....
It is a very good thing that they can come and spend money here to address the trade imbalance
Finally, the first American death in TX
I don't think saving is the key to China's resilience. I think the technological catch-up China is undergoing will be the key to keep it going. Of...
As Roubini said, he is Dr Realist not Dr Doom. ;)
Unfortunately, we didn't do the right thing even we were given a road map. If we are not the US of A and we go to IMF, they would tell us to...
I don't think we are going to zero either but we might be heading to a lost decade like Japan's 1990s :(
Still, what hurts the most is the luxury market. For low cost products produced by China and the like will do ok during this recession.
Some people said the recession in the US won't have as big a blow to China as you think because buying cheap stuffs are the fad now. Guess what?...
His view makes a lot of sense to me. However, I do think we can get out of this by printing money as long as China and Japan play along. Then,...
8 cases in NYC now http://www.nytimes.com/reuters/2009/04/25/nyregion/flu-newyork-tests.html?hpw If it grows to about 1000 cases, the...
What are we going to do with our 8000 tonnes of gold reserve? ;)
I agree. One of the characteristics of a democratic country is perpetual budget deficit. That's pretty natural because politicians are always...
Gold? We would rather printing money than selling our gold. Or a big strategic oil reserve?
But the cost of default is too great, so that leads to the second scenario which is what I suggested in the first post.
Unless we default, they are not at the mercy of us. If we don't default, they can simply sell some of our bonds regularly when our economy...
Did anyone see this ad? I think it told the truth. Unfortunately, there is nothing we can do about it. China will likely use the debts to stem our...
DC Madam also "hanged" herself.... :rolleyes:
Well, that highlighted part shows that they are very lucky. Beyond that, I leave it to your imagination.
