Monday, March 23, 2009

Let's keep pissing off the Chinese and see how that works

Goldman Looking To Dump Shares Of Chinese Bank

Not that the Chinese hold any of our debt or anything, and not that that debt won't soon collapse in value.... Let's now hose em on equities too. Won't they be amused? How'd that Blackstone investment work out after all? So, now, we've got pissed off Chinese saying screw US equities, and afraid of US debt. With very much good reason on both accounts.

Fun to think of only Americans buying US treasuries, given that Americans are utterly broke....

And does not that "private/public partnership" ultimately require, indeed beg for, foreign investment (since that's what passes for 'private' these days)

Thanks Goldman. Keep up the good work for your multi-millionaire partners.....

No comments:

Post a Comment