A place to congregate, visit and discuss the issues impacting our community.
Thursday, February 12, 2009
The Chinese Will Save Us!!!
Ok, I exaggerate, but not by much. See the preceding post about the connection between oil and the current economic crisis, and then read this piece from Financial Times. The Chinese commitment to keep buying Treasuries will help us, and cost them, but like us they are stuck between the devil and the deep blue sea.