Chinese Government Intervention To Support Market [View article]
So I just read this tidbit; it's 9/22 today: "The Wall Street Journal reports that Senator Christopher Dodd's bailout draft could give the government shares of financial companies. " You know, with the eyes of a few months ago, heck even a few days ago, I would have said to this SA article "well it's no surprise; government intervention is a matter of course in China, it's what their system is based on". But what is going on in this country? Now my government is buying shares of publicly traded companies? I might be wrong, but I don't think that was done even in the Depression.
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So I just read this tidbit; it's 9/22 today: "The Wall Street Journal reports that Senator Christopher Dodd's bailout draft could give the government shares of financial companies. "
Sep 22 11:46 am
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All Comments by chinesezodiacmarriagecombination »Chinese Government Intervention To Support Market [View article]
You know, with the eyes of a few months ago, heck even a few days ago, I would have said to this SA article "well it's no surprise; government intervention is a matter of course in China, it's what their system is based on".
But what is going on in this country? Now my government is buying shares of publicly traded companies? I might be wrong, but I don't think that was done even in the Depression.
Where does this end, now that it's started?