I think now fed will have to beg to china and other asian countries for dollars!!..I beleive americans dont have any surplus dollars in their reserve..they ve a huge trade defecit..I am wondering how they are going to arrange huge capital at such a low interest rate..War Save America..
RE:Borrow from China
by Fab Reens on Feb 01, 2008 04:32 PM Permalink
Fed is already used to that. It survived the 90s on Japanese buying US govt. securities to the tune of 12 trillion dollars. See Japs faces now. Japs are also faced with 0% or even negative interest rates.
RE:Borrow from China
by Ajay Gupta on Feb 01, 2008 04:43 PM Permalink
What is negative interest rates? Somebody gives money to me , and the interest also? Wow!
RE:Borrow from China
by Pankaj Ramani on Feb 01, 2008 05:11 PM Permalink
Why worry , take loan fr US @ low rate and fund Indian Capital Mkt...make US so poor that they r left with NO strength to recover their money !...Tit 4 Tat
