Article

2011-12-02 Economy

Markets Focus on Europe, but China May Be Bigger Worry

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Posted by GolfBravoUSMC 2011-12-02 01:50|| || Front Page|| [2 views ] Top

#1 I was surprised by this. It means substantially more lending by banks. Much of it will go to underwater lenders = more bad debts down the road.

Mind you, the central bank moves will have pretty much the same result for sovereign debt.

Posted by phil_b 2011-12-02 03:29|| 2011-12-02 03:29|| Front Page Top

#2 Solving a solvency crisis by lending the bankrupt more money!

Genius!...*

/sarcasm (Just in case)

Posted by Bright Pebbles 2011-12-02 05:44|| 2011-12-02 05:44|| Front Page Top

#3 Chinese business were expected to borrow $600b but only $500 was borrowed so the rate cut was to increase liquidity by pumping an extra $50b into the economy. China with $2t of reserves is in a better position than other economies and has more levers it can use.Expect to see a soft landing rather than a hard landing that is facing Europe.

Posted by tipper 2011-12-02 08:45|| 2011-12-02 08:45|| Front Page Top

#4 With a world slowdown I look for them to sink more money into gold. So to protect what money you have you don't risk it. Now if its the government spending the money well they will do more of the same of what they have been doing. They are playing money games like everyone else. Everything is dropping so do you make up for that by throwing cheaper money at it. Everyone should know that after Christmas the bottom will fall out. The market will drop till after New Years. Best just to look the other way if you want to be happy in this world. Just for a little bit anyway.

Posted by Dale 2011-12-02 10:29|| 2011-12-02 10:29|| Front Page Top

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