Monday 23rd of December 2024

the zutbots....

zutbots21

made in china...

LOS CABOS: The Chinese Premier, Wen Jiabao, has an unspoken message to his Group of 20 counterparts in Mexico today: this time, don't count on a growth bailout from China.

In the depths of the 2008 credit crunch, Mr Wen's 4 trillion yuan fiscal injection over two years and 17.6 trillion yuan credit surge helped prop up the global economy. In China, it fuelled a property bubble, stoked inflation and amassed bad debts that Fitch Ratings says weakened the banking system.

http://m.smh.com.au/world/europe-can-fix-itself-says-china-20120618-20k8t.html