tag:blogger.com,1999:blog-5524682876220396502.post4924784024300798815..comments2024-03-27T06:56:10.255+00:00Comments on Broad Oak Magazine: The $700 billion is to appease foreign investors?Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5524682876220396502.post-3014128948256964072008-10-01T17:14:00.000+01:002008-10-01T17:14:00.000+01:00Hi, Patrick. Afraid I didn't do the due diligence ...Hi, Patrick. Afraid I didn't do the due diligence on the proposals, it just seemed obvious to me that powerful foreign creditors won't let themselves be stuffed. The US has put itself in a dangerously vulnerable position with its massive overextension of debt; the financial counterpart of Napoleon's march on Moscow. Just have to hope not to lose too much on the "retreat" - at least the Chinese (et al.) do have a stake in the status quo - for now. In a decade's time, with more developed markets in the Far East, it might be a horribly different story, so maybe it's good news that the crisis has come at this stage.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-77260109531224787232008-10-01T16:05:00.000+01:002008-10-01T16:05:00.000+01:00I was a bit surprised to see Karl jumping all over...I was a bit surprised to see Karl jumping all over this now as, like you, <A HREF="http://lpuk.blogspot.com/2008/09/paulson-goes-global.html" REL="nofollow">I noticed it</A> back in the original plan/clarification.<BR/><BR/>Maybe just a good card to play to drum up support for a 'no' later?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-44788382658395390002008-10-01T15:04:00.000+01:002008-10-01T15:04:00.000+01:00Sarky!Sarky!Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-84648006520420403272008-10-01T14:35:00.000+01:002008-10-01T14:35:00.000+01:00well well well !now there's a thing !well well well !<BR/><BR/>now there's a thing !Nick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.com