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View Full Version : american finance is rated negative


sacky
04-19-2011, 11:48 AM
with owing china 16 trillion and now s+p giving them negative heading,wonder where this is all goin.

http://www.businessinsider.com/sp-revises-us-debt-outlook-to-negative-2011-4
miktay
04-19-2011, 06:42 PM
No need to ask directions..it's headed to hell in a handbasket...
greall
04-19-2011, 06:46 PM
No need to ask directions..it's headed to hell in a handbasket...

May I interest you in a luxury edition of the hand basket?

Greg
miktay
04-20-2011, 07:13 PM
As long as it's made in Japan :)
greall
04-20-2011, 07:15 PM
As long as it's made in Japan :)

Ahem...I could get you two from China for the same price...

Greg
miktay
04-22-2011, 12:32 PM
Ahem...I could get you two from China for the same price...

Greg

Heh funny but no joking matter

Was searching the net a while aback and came across this 'hamburger hedging' strategy:

19 August 2010, Hong Kong – Standard Chartered Bank (Hong Kong) Limited proudly announces the launch of a RMB corporate bond for the Bank’s Multinational Corporate Client McDonald’s Corporation. It is the first ever RMB bond launched for a foreign Multinational Corporate in the Hong Kong debt capital market signifying the commencement of a new funding channel for international companies to raise working capital for their China operations.
miktay
04-25-2011, 07:25 AM
An unprecedented move for the fed chairman underlies their 'preparations' for the coming crisis:


Fed Chairman Will Hold Press Briefings
Fed Chairman Bernanke will hold four public news conferences each year, the Wall Street Journal reports.

"The break from tradition is the Fed's latest move to boost transparency and improve communications after its policies came under attack.This year, Bernanke will hold press briefings after each meeting of the Fed's policy-setting body in which the central bank updates its economic forecasts."