Saturday, October 18, 2008

China Participates


Any successful bailout of the US financial system would likely rely heavily on
China, the largest surplus country which already holds close to $1
trillion in dollar claims, given that the U.S. will likely need to issue more
debt. . Furthermore investing in US financial system might be in China's
interest as it is already suffering from falling U.S. and global demands -
Suggestions are being made that China might invest directly in financial
institutions rather than indirectly through purchases of U.S. debt as it has
done in the past

So it seems CHINA will get involved. Now it is remained to be seen if middle east gets involved. The moment it gets involved we have pushed it. Yes pushed the crisis by few more years and made the world more complex and more FLAT (world is flat :))

We will then just do a tangential miss with the recession and then do a V turn and retrieve the growth path ... This is also called the PARADIGM shift ... or the breakthrough shift

nityn

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