Thursday, July 2, 2009

If I Knew Then, What I Don't Know Now ...

I watched a news blurb on CNN.com this morning. China is stockpiling reserves of raw resources - oil, iron ore .... As their spokesperson said, it makes more sense to invest their money in resources rather than "bonds."

Makes me wonder if they know something we don't know.

3 comments:

  1. Or maybe China's figured out a lot of the same things we have...

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  2. "Makes me wonder if they know something we don't know. "

    -More like they've decided something we don't have any say in. They do, after all, own most of our debt.

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  3. Yeah I heard something about this on NPR--but I was battling traffic so I can't remember what their reasoning was...

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