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Reply #1: There are so many stories about this in the financial press, that gets [View All]

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Home » Discuss » Topic Forums » Economy

Greyhound

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Sat Jun-24-06 03:38 PM
Response to Original message

1. There are so many stories about this in the financial press, that gets

Edited on Sat Jun-24-06 03:38 PM by greyhound1966

"overlooked" by the M$M as they continue with the "good news of the day" financial shows for the sheep. The BIG $$ is running away from paper as fast as they can without drawing too much attention. And what are they doing with all that cash? Putting it into tangible assets, stuff from equipment to materials to facilities to commodities, in anticipation to the juggernaut that is China.

Something the article doesn't mention, or rather avoids, is the fact that they are running to the Euro more than the USD. Also, there is a trend in the last few years to get the cash out of the country. None of which bodes well for those that are`stuck here for the foreseeable future.

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