Re: hot Money is flowing into China . 85 billion US$ for the first
by aozotorp@[EMAIL PROTECTED]
May 11, 2008 at 12:05 PM
On May 11, 12:48=A0am, Jesus Christ the Holy **** ****er
<veak...@[EMAIL PROTECTED]
> wrote:
> according =A0to =A0a =A0re****t =A0by the =A0Chinese =A0central =A0TV -
> =A0CCTV - 4 =A0today =A0the 11 April =A02008
> =A0re****ts that =A0 the =A0Chinese =A0Administration Bureau =A0for
> Foreign =A0Exchanges =A0estimates
> that =A0so far =A0this =A0year =A085 billion =A0US$ =A0of =A0Hot Money
> =A0has =A0entered =A0the =A0Chinese =A0banking system =A0from outside
Chin=
a =A0.
>
> this =A0Hot =A0Money =A0helped =A0to =A0maintain the =A0high =A0prices
=A0=
of the
> Chinese =A0residential property =A0market .
>
> where =A0are =A0all these =A0Hot =A0Money =A0coming =A0from ?
>
> UBS =A0and =A0Citibank =A0have =A0no =A0more =A0cash .
So sorry! The US Now Nationalizes its debt!