Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

China to boost domestic economy

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
424 views
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Nov 11, 2008

11-12-2008

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 1 dislikes

Link to this comment:

Share to:
see all

All Comments (6)

Sign In or Sign Up now to post a comment!
  • and fuck your mom

  • Warren Buffet called the financial derivatives "Weapon of mass financial destruction"

    U.S. mega-banks credit dried up because collectively these banks sit on approximately $600 trillion of derivatives on their accounting books. The book value of these derivatives are multiple times larger than the actual U.S. stocks from which the DERIVATIVES were derived.

    A WARNING TO CHINA, you dance with U.S. (financially) at your peril!

  • correction: I should say "one of the main causes of worldwide economic collapse today."

    U.S. financial fatality is caused by a combination of artificial price fixing monetary policies (1% interest and flood mkt with cash)to stimulate demands and keep price high; In U.S. if it wasn't made in China, all goods and services are overpriced 70-500%.

    Deregulations allow bank to buy out competitors and speculate on exotic risky derivative businesses to the size of $600 trillions market. PURE GAMBLING

  • The good news is Y4 trln provides a good boost to China domestic market and keep economy growing about 8-10% annually.

    The bad news is, this economic 'stimulus' package represents China's moving toward American style Keynesian's economic approach, mainly government spending to grow economy artificially which is the main cause of world economic collapse today. Market need to correct itself once in awhile, artificial price fixing just make them "too big" to fail and too late for correction, TRAP

  • It looks like China and only China will come out as a winner from the current global financial crisis that caused by the US.

  • FUCK CHINA!!

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more