| Log In | Register Now
I had read a similar piece to today's story in Bloomberg around March and had emailed it around to a few folks, but did not post it on the blog. This is the first time I've seen an actual number attached to it and its staggering when you account for how big the Chinese economy, stimulus, and stock market is. 1 of every 5 dollars of stimulus is being pushed into the stock market. And let me be clear, I don't believe this is the only country where a mad rush of easy money thrown in all directions is "somehow" finding itself funneled into the stock market. Ahem. But when you have endless money trees and lumberjacks a plenty, feel free to bless stock market participants with largess born of future generations. It's all good.
At least in China's case they actually have the money in house instead of needing to borrow it for "mirage like" gains. Can't say that for another country where this is happening...
p.s. which country is a more open and relatively transparent system of disclosure? ....with government economists being forthright with what is happening with actual statistics and data? And which is not? Sorry, I sometimes get confused.
"Prosperity". It's everywhere. (just don't look under the hood at the nexus of said green shoots)
Can Chocolate Cake for Breakfast Diet Help You Lose Weight?
Free Edition
TAKE A TOURWe value your privacy. Your email address will not be shared.
