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"Be it monetary or fiscal, we still have ample strength," says Chinese Premier Wen Jiabao,...

"Be it monetary or fiscal, we still have ample strength," says Chinese Premier Wen Jiabao, trying to assure Beijing has the bullets necessary to support the economy. No one doubts the government has the necessary tools, but some question whether leadership has the appetite to use them. Shanghai +0.3%, Hong Kong +1.1%.
Comments (1)
  • "No one doubts the government has the necessary tools"

     

    decision: help the economy (stimulus) and benefit the middle class (top 5%); propel the 90% back into (deep) poverty.

     

    UN def.: $1.25/day; $2.50/day
    not US def. $17k++/year

     

    The U.S. presidential candidates can learn something from Cn!
    12 Sep 2012, 03:57 PM Reply Like
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