Author: beginner2013

China remains as world's largest goods exporter: WTO [Copy link] 中文

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Post time 2017-5-25 05:43:04 |Display all floors
dusty1 Post time: 2017-4-20 16:59
We are doing deals with India, now the Indian government is getting cashed up they will mondenise  ...

They better build up more public toilets first

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Post time 2017-5-25 05:43:52 |Display all floors
Chinaman2017 Post time: 2017-5-25 05:43
They better build up more public toilets first

India has toilets

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Post time 2017-5-25 05:49:14 |Display all floors
dusty1 Post time: 2017-5-25 05:35
Chinese economy just got downgraded by one point by Moody's which makes borrowing more expensive   ...

China will show AGAIN  Moody's downgrading her own credibility and reliability

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Post time 2017-5-25 05:50:42 |Display all floors
dusty1 Post time: 2017-5-25 05:43
India has toilets

There is a serious lacking of toilet facilities there

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Post time 2017-5-25 09:44:25 |Display all floors
Chinaman2017 Post time: 2017-5-25 05:50
There is a serious lacking of toilet facilities there

India is lacking a lot of things they are fixing as we speak

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Post time 2017-5-25 09:45:13 |Display all floors
Chinaman2017 Post time: 2017-5-25 05:49
China will show AGAIN  Moody's downgrading her own credibility and reliability

Makes getting a loan more expensive

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Post time 2017-5-25 12:16:24 |Display all floors
This post was edited by emanreus at 2017-5-25 17:09
dusty1 Post time: 2017-5-25 05:35
Chinese economy just got downgraded by one point by Moody's which makes borrowing more expensive   ...

   The "Big Three" rating agencies gave a triple A to three major investment banks,  (Bear Stearns, Lehman Brothers, and Merrill Lynch).
The pools of debt the agencies gave their highest ratings included over three trillion dollars of loans to home buyers with bad credit and undocumented incomes through 2007... and JUNK by 2010.

This led "to the collapse or disappearance" in 2008-9 of three major investment banks (Bear Stearns, Lehman Brothers, and Merrill Lynch), and the federal governments buying of $700 billion of bad debt from distressed financial institutions...

General Motors' application on June 1st for Chapter 11 protection from its creditors, triggering the biggest industrial bankruptcy in history...

   Enron's collapse affected the lives of thousands of employees and shook Wall Street to its core. At Enron's peak, its shares were worth $90.75, but after the company declared bankruptcy on December 2, 2001, they plummeted to $0.67 by January 2002.

Perhaps you may figure out the MEANING of your Rating agencies





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