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January 20, 2011
Real estate bubble in china. chinas monetary base, in other words its own money print something 21% larger than the entire u.s. monetary base at a time when chinas gdp is 2/3 the size of the u.s. economy. chinas helped us weve borrowed the equivalent of the gdp of south ye from china. the issue is the fear is china could say we are not going to buy any more. what spooked the markets when russia induced china to -- tried to induce china to not buy fannie mae and freddie mac debt in the summer of ...
January 20, 2011
Real estate bubble in china. chinas monetary base, in other words its own money print something 21% larger than the entire u.s. monetary base at a time when chinas gdp is 2/3 the size of the u.s. economy. chinas helped us weve borrowed the equivalent of the gdp of south ye from china. the issue is the fear is china could say we are not going to buy any more. what spooked the markets when russia induced china to -- tried to induce china to not buy fannie mae and freddie mac debt in the summer of ...