View single post by Joe Kelley
 Posted: Tue Aug 11th, 2009 08:51 am
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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Mana: 
http://informationclearinghouse.info/article23231.htm

The Fed is abandoning the printing presses (presumably) because China told Geithner to stop printing money or they'd sell their US Treasuries. It's a wake-up call to Bernanke that the power is shifting from Washington to Beijing.

 

Are you surprised?