Sunday, February 15, 2009

China Continues Its Demolition Of The Yuan

The global mess continues to grow. And, the monkeys are still running the zoo. Friday I saw one of the biggest monkeys on the game show Fast Money state that China can afford to spend 30% of GDP on stimulus because they don't have a banking problem. Uhhhh..........The biggest banking problem in the world is likely in China. How the hell did the world become so insane? It's a madhouse! A madhouse!
posted by TimingLogic at 11:28 PM