Never short a country with $2 trillion in reserves?
The second time occurred in the late 1980s, when it was Japan’s turn to combine huge trade surpluses, along with more moderate surpluses on the capital account, to accumulate a stockpile of foreign reserves only a little less than the equivalent of 5-6% of global GDP. By the late 1980s, Japan’s accumulation of reserves drew the sort of same breathless description – much of it incorrect, of course – that China’s does today.
Great read on China's asset bubble. Also doubly funny if you giggle anytime someone puts the word "China" and "short" in the same sentence.
What's up in the solar system in February 2010
I love these monthly robotic exploration reports. Here's whats happening in your neck of the woods.
Man arrested for taping police sues city, officers
Update to an article I posted on Page 7.
Spray-on liquid glass is about to revolutionize almost everything
I just saw the Brawny man cry.
I would also like to note that it has taken me a month to realize that I have dated all my previous Multiplicitome posts for 2009.
Astronomy, Multiplicitome
china, boston
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