The USA owes China $740B and the USA continues to beg China ad Japan buy more bonds in the next several years while we spend like a profligate drunkard. Like Chavez (cash has run out), who is telling creditors that he will give them useless paper (like we do bonds) or turn on the [...]
China cements role as top creditor to US: Treasury
March 19th, 2009 · No Comments · Geopolitics, Markets
Tags: Andrew A·China·Geopolitics·internantional·Treasury
McCain Chooses Palin
September 1st, 2008 · No Comments · Geopolitics
Lex on McCain – Palin: The question for McCain came down to what was more important: Standing on a weak base trying to beat Obama for the votes of the center with the legacy media pretty much giving up any pretense of objectivity (watch the fall debates for the tightly framed face shots of the [...]
Tags: Andrew A·Election·Lex·McCain·Palin
Cramer on Coke vs Pepsi
August 21st, 2008 · No Comments · Markets
Cramer on Coke vs Pepsi: “Now take a look at management. Coke’s got a first-year CEO in Muhtar Kent, and Cramer’s always said that you never invest with rookies. They make too many mistakes. But since Warren Buffett’s Berkshire Hathaway owns 200 million shares of Coke, Cramer’s willing to break the rules a bit. Pepsi [...]