Will China stop loaning us money?

I mentioned this just yesterday, and it looks like it’s quickly becoming a major issue.  According to a story from Reuters today, Chinese Premier Wen Jiabao said “Whether we will buy more U.S. Treasury bonds, and if so by how much — we should take that decision in accordance with China’s own need and also […]

Just Something I Found Interesting

I was aimlously surfing tonight when I found this: In a credit-based economy, a fall in money supply leads to markedly less lending, with a further sharp fall in money supply (since debt is money), and a consequent sharp fall-off in demand for goods. Demand falls, and with the falling of demand, there is a […]