ajtj99's Market Pulse

[jdaasoc]

In this inflationary environment, I would imagine China uses it treasure chest of US dollars to boost domestic growth through construction and goose the costs of basic materials all over again.

Shanghai got a good market bottom in. Their centralized planning, cronyism and bribery will get the job of revitalizing their economy done well.

http://finance.cn.yahoo.com/q/bc?s=000001.SS&t=3m&l=on&z=m&q=l&c=

I don't see much domestic growth since we keep squabbling over who gets the $700 B in tarp funds. $700 B just doesn't go as far as it used too.

I don't we can get much positive effect when your only two choices Congress is debating currently are giving it either to the investment bankers for their bigger mansions and larger yachts or to the labor union members for their no show jobs and fat pensions.

Tarp funds couldn't support no more than 700K investment bankers for a year or 7 M union members which leaves almost 300 M people in the US out in the cold no matter how you split it up.