WSJ 9/19/08 page A8: Cheers to investers in China: Central Huijin Investment Co. will buy stock in : Industrial and Commercial Bank of China(ICBC), Bank of China and China Construction Bank. Buying began Thursday, Sept. 18th and aims to shore up their share prices amid stock market slumps.
"It is absolutely a market rescuing message from the government." said a strategist at Orient Securities Co. in Shanghai.
Page C2: Smiles Return for Dow Soars...No laughs yet. Perhaps?
Page C12: Gold in biggest 2-day gain! Hooray all the way! Hehehahahoho as well.
Page B3: Oct. 14, 2008: The Sony Philharmonic Orchestra featuring Yo-yo MA, Cello.
MA is a Chinese name with his talents to be shown to Americans.
USA Today: Page 3B: Offering to buy Gold: All that glitters! Not papers,indeed! Food for in-depth thought for global investers to learn the truth with confidence in all papers with trust. My comment: It is certainly relevant to read the Federal Reserve Note above USA on the paper currency: This note is legal tender for all debts, public and private. Here we detect the combo of the public and private sectors in the great showmanship in the headlines lately with the acclamation of "Eureka"
The players of Magic is far better than David Copperfield,a magician or Charles Dickens, the author of "David Copperfield." Such events may be an extension of the deposit expansion multiplier plus + withdrawal expansion multiplier! (sic) Economic Principles and Policy with practice apropos of private interest Vs public interest?
Several decades ago,I mentioned to students that we are living in a credit-based economy but also debt-ridden. Some students got the message but others appeared to be lost about such insightful statement.(sic)
Francis Shieh a.k.a. Xie Shihao, an impartial and independent observer of the Relevant Economics apropos of Sino-American Economics. Sept. 19, 2008 at 2.22 p.m.
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