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    October 16

    Thing goes wrong, never mind

    Yes! Never mind stocks, although a few-1000-point dropped. When I click the link to the Japanese stock market link, it popped up with a big declined line shown on the TOPIX. Shame, while we were sleeping in the dream of a whole brand new world after the crisis last night, from the other side of the world, the US stock still in slumps. I understand when global financial market has become a part of your life, it is not easy! You maybe just need some pills to help you from sleeplessness.

    As professor Krugman wrote on his blog, “…things are not looking good. Signs of an unfreezing in the credit markets are hard to find — maybe we shouldn’t have expected a quick result, but you do have to say that even the reformed Paulson plan has yet to produce any visible improvement in confidence. I’m most struck by the .04% yield on one-month T-bills — that’s depression-level flight to safety…” err… depression-level flight to safety, hope so, cross fingers.

    I expect the market in China will fall 8-10% down without any rebounds, so will the Hong Kong stock. Thing goes f**king WRONG!

    昨晚我又想了一些问题:

    1.       美国,欧洲走向社会主义,错!政府是在保护金融危机的前提下,抄了一下底,或许两年后,或者五年后,政府能够从中获得丰厚的回报。中国政府在干啥?

    2.       是不是如果没有美国的次贷危机,中国房市调控信贷紧缩等政策是否还在进行中?也许是美国救了我们一回,至少我们的房贷还没有出现违约。

    3.       外需在减缩,内需也在减缩,拉动内需谈何容易!只要政府要用实际行动表个态,请各级干部早上喝一杯用奶粉冲的牛奶早餐先吧。

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    lisa yanwrote:
    Big crisis of credit now.Hope it's not the time of depression but recession, which means we still have oppotunity here in China. Good luck to all of us.
    Oct. 16

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