InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.20
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,616.36
(
0.50%
)
Post# of 447459
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

CSykes

Send PM Follow Ignore
Followers 0
Posts 12626
Boards Moderated 2
Alias Born 04/05/2006

CSykes

Re: highline post# 172109

Sunday, 10/11/2009 8:36:32 PM

Sunday, October 11, 2009 8:36:32 PM

Post# of 447459
one last important point..

Why is China quickly becoming the worlds powerhouse? Because they are smart enough to avoid the same mistakes the United States has now made twice. Also being a Communist Country, they do not have to worry about Corporate or special interest mucking things up. +1 point for Communism!

The Glass-Steagall Act has had influence on the financial systems of other areas such as China which maintains a separation between commercial banking and the securities industries.[9][10] In the aftermath of the financial panic of 2008-9, support for maintaining China's separation of investment and commercial banking remains strong.[11]

Referenced from http://en.wikipedia.org/wiki/Glass-Steagall_Act

Visit our #board-9884 and come make $$money$$ with us by trading and investing in Emerging Chinese Small Caps!

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up