Posted by Tina
More good news for the reputation and standing of America around the world comes to us from China:
** “We hate you guys…” Mr. Luo Ping, director general at China’s Banking Regulatory Commission, speaking in New York on Wednesday, shared his opinion of U.S. bailout policies: “Once you start issuing $1 trillion-$2 trillion …we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.” Reports in the press this week say that China is considering ways to diversify out of the dollar. – The Daily Reckoning (AU) **
Change we can ill afford right now. *** (chinese symbols for economy and economics)