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China's $586B stimulus package - something must be real wrong

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pawel
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« on: November 10, 2008, 06:09:33 pm »

I am reading about the China's $586B stimulus package. Man, this is wild. If even China in addition to all the other guys gets into pumping so much money into the economy, something must be real wrong some place.

Circuit City Files for Chapter 11 Protection
Deutsche Post to cut 9,500 jobs in US
Nortel Networks posts 3Q loss, plans 1,300 job cuts

... the outlook is very bleak. But on the other hand...

Government provides record aid package to AIG
China's $586B stimulus package

... someone is really trying to help somewhere. Stock markets are torn and undecided between the bad and the good news. Media is the guy that commands the game.

This is a new era of economics, it is a globalomics with media being in charge, new age, new ways of healing crises. Who can read psychology of the masses wins.
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« on: November 10, 2008, 06:09:33 pm »

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