Wednesday, November 12, 2008

 

China announces $586 billion bailout plan.

On Sunday, China announced the country largest economic stimulus ever with an estimated $586 billion to be spent over the next two years to revive its struggling economy.
My sense is telling me the goverment will spent the money on steroids for its people so they can produce more junks to be dumped into the U.S.

Original story in NYTimes.com

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