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Markets are constantly in a state of uncertainty and flux and money is make by discounting the obvious and betting on the unexpected. - George Soros

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Entries Tagged ‘Bbc’

Iceland is totally bankrupt

Bush announces will be a global summit in November. This article also mentions other global problems, including Iceland may not now even get a loan from Russia and stands to go totally bankrupt, all because it put sits entire economy in the hands of gambling bankers as its primary industry now it faces total economic [...]

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China’s Central Bank Denies Plan to Buy U.S. Treasury Bonds

Epoch Times
Thursday, Oct 9, 2008
According to a British Broadcasting Corporation (BBC) report, China denied reports that it would buy up to $200 billion worth of U.S. Treasury bonds to partially finance the Bush Administration’s $700 billion rescue package.
Hong Kong’s Ming Pao reported on October 5 that China was going to buy another $200 billion in [...]

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