It's About Liberty: A Conservative Forum
Topics => Economy => Topic started by: Libertas on June 21, 2011, 07:30:49 AM
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How's that ChiCom liquidity PPT effort going? Not so good, eh?
Via ZeroHedge -
http://www.zerohedge.com/article/china-conducts-emergency-reverse-repos-inject-money-market-liquidity?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29 (http://www.zerohedge.com/article/china-conducts-emergency-reverse-repos-inject-money-market-liquidity?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29)
Their history on this is erratic as hell, that last graph looks like a fat man's ECG! I guess the repos are like an angioplasty, buys some time, but the bad heart remains untreated...