Wednesday, 27 January 2010


Here is your Crux AM update:

Why Apple's new computer may not be good for its stock
A much better way to play the Apple craze...

This is how China is taking over the world
Teach your kids Mandarin.


This is how China is taking over the world


Wednesday, January 27, 2010
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From 24/7 Wall Street:

Plagued by high deficits and a drop in its credit ratings, Greece has to raise money as quickly as it can to fund its national debt. According to the FT, is will try to market $25 billion euros in paper to Beijing. China has, as it likes to remind the world, $2.4 trillion in foreign exchange reserves.

China will probably take the Greek offer and get very high interest rates in exchange. The transaction may be a sign of things to come. 

China should be able to extent its strategic financial relationships around the world by… 

Read full article...

More on China:

China alert: Investors dumping hundreds of millions in stock...

Global intelligence firm: China will collapse, US to regain dominance

How America is losing the most important energy race of our time... to CHINA 

Topics:China | Euro | Cruxallaneous


Dr. Doom Roubini: Worldwide stock market correction coming
Only one asset class is likely to escape...

The stock market is falling on extraordinary trading volume
Bearish indicator is getting worse…

Tax guru: Big tax hikes coming
Could fuel a replay of 1994 tax revolt.

Regards,

Brian Hunt
Editor in Chief, The Daily Crux
www.thedailycrux.com