"History is a wonderful thing, if only it was true"

Friday, March 09, 2007

Now THIS could change things


China's finance minister confirmed a government plan to overhaul management of its $1.07 trillion in foreign-exchange reserves, in a sign that the world's largest investor is developing the confidence to take greater risks with its money

Maybe why Paulson was in China?

Put pieces of the puzzle together... as this follows the "managed" break in the Shanghai "stock" market.

Note that the Chiese are good students of markets and management techniques.
They only have a few decades left before hitting the demographic wall and need to get as rich as possible as fast as possible.

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