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Bailout The Rest of the World



July 12, 2008 – Comments (1)

Interesting, China owns a big chunk of Fannie Mae.  In total foreign investors hold over $1.3 trillion in these agency bonds.  A US taxpayer bailout would be really interesting on this one...

So, how good are those emerging market investments in China going to be when China starts taking its lumps on its wealth funds?  These kind of losses have to have a trickle down effect in the economies.

I still haven't seen any news about how Canada's wealth fund, also known as the Canada Pension Plan, is doing.  Canada's best investment with its wealth fund is to pay down its debt, but I think we the tax payer are going to be paying the same taxes twice, sigh.


1 Comments – Post Your Own

#1) On July 15, 2008 at 9:27 PM, lquadland10 (< 20) wrote:

1776 Now all the talk is about bailing out china and building USA infrastructure and alt energy.  Let me guess. Rail roads. What better way to join Mexico and Canada. Don't forget that with open boarders more open drug trade and gang wars. More strain on the health care. Thus you and me. Lets see 9/11 and just like the people of Germany gave power to hilter we gave power to bush. Who is still??? not sure was investigated by the SEC for insider trading. bush sr. S&L debacle clinton didn't protect us from china and then nafta cafta and now the housing massacre that has just finished the 2nd inning top of the 3rd. Now our central bank of england known as the FED is expanding their POWER over the entire wall street. We have no free market anymore. Sadly we are just like russia or china now. May God protect us.

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