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Archive for 16. September 2008

Is China trying to buy off U.S. business?

These business talking heads seem to believe that China is trying to show good faith in trade, but who are these businesses and what are they giving back to China? Is this a move of ‘good will’ or a strategy to learn more from U.S. businesses so they can create their China HP, Motorola, etc.

Listen to the first 40 seconds- intro to deal
listen to 1:00 to 1:22- outline of their argument that this is a goodwill gesture of sorts
go to 1:40 2:00 and listen to a description of China’s ‘buying mission’- “especially ahead of …(diffuclt)…negotiations.
That’s all you need to listen to from these financial sharks.

Who Owns The Federal Reserve- the one that prints the money?