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Stock hits 90 smackers a share!
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<blockquote data-quote="klein" data-source="post: 1169533" data-attributes="member: 23950"><p>It's scary : </p><p>Chinese businesses have been borrowing US dollars, because it's free (1% interest), compared to 8% in China.</p><p>Well, these low borrowed Treasury Funds will be come due (5 yr, 10 yr bonds), and all that printed money will go back to the US market, creating higher interest rates and higher inflation , leading many to leave the unsecure stock market - to get fixed higher interst rates in secure savings accounts.</p><p></p><p>I might be wrong - but that's the word out here. That's suppose to hit big by the year of 2016 ! (Another huge US depression).</p></blockquote><p></p>
[QUOTE="klein, post: 1169533, member: 23950"] It's scary : Chinese businesses have been borrowing US dollars, because it's free (1% interest), compared to 8% in China. Well, these low borrowed Treasury Funds will be come due (5 yr, 10 yr bonds), and all that printed money will go back to the US market, creating higher interest rates and higher inflation , leading many to leave the unsecure stock market - to get fixed higher interst rates in secure savings accounts. I might be wrong - but that's the word out here. That's suppose to hit big by the year of 2016 ! (Another huge US depression). [/QUOTE]
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Stock hits 90 smackers a share!
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