That bloomberg on Dollar safety on failure of plan is SUPER FUNNY!
I'm going to laugh all night.
and ... YU, They should let him know that if the Chinese would just buy up all the illiquid assets that would totally protect the value of the dollar. They pay better than Treasuries, and we can totally cut them a deal; .60 on the dollar.
and I'm not even sure the WEPICASS(World Economics and Politics Institute at the Chinese Academy of Social Sciences) is a real organization... I bet it's like the Chinese version of CATO... or some Chinese liberal arts college.
Wednesday, February 11, 2009
GYOFB
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