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Tyler Durden zero hedge 4/24/2011 All those who were hoping global stock markets would surge tomorrow based on a ridiculous rumor that China would revalue the CNY by 10% will have to wait. Instead, China has decided to serve the world another surprise. Following last week’s announcement by PBoC Governor Zhou (Where’s Waldo) Xiaochuan that […] May 2nd, 2011 | Tags: currency manipulation, federal debt, hyperinflation, Japan, People's Bank of China, quantitative easing, U.S. Dollar | Category: Banking and finance, China, Federal Reserve, Federal spending | Comments are closed
Mike “Mish” Shedlock Business Insider 4/4/2011 In his latest Email review, Michael Pettis at China Financial Markets discusses financial reform (actually the lack thereof in China), as well as an observation on China’s Growth. Pettis writes …. Three months ago during their 2010 Q4 conference, the PBoC said that they believed that the global economic […] April 4th, 2011 | Tags: Alan Greenspan, Ben Bernanke, commodities, Inflation, interest rates, People's Bank of China | Category: Banking and finance, China, Communism, Economy, Federal Reserve | Comments are closed
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