Thursday, December 11, 2008

Forward Backwards

In china again... nothing to do... hungry... stupid logmein taking damn long to load dunno why...

Reading headlines...
House passes auto bailout, Senate prospects are grim
Yuan to devaluate 10% in 2009
Russian devaluation gathers pace as central bank loosens control of ruble
I find this article in particular interesting...

Deflation Says Buy Bonds; Supply Flood Says Sell
http://www.bloomberg.com/apps/news?pid=20601039&sid=ayWr6HwZq0FY&refer=home

All the money is simply going into overcapacity and inefficiency...
god bless

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