Found this last night.  Don't look for this in the domestic media for a number of reasons.  Looks like China has officially moved on. We should keep our eyes on the dollar for inflation now that one of our biggest products is money production from the Federal Reserve.  I remember reading about what happened after WWII when Germany ran their money presses way too much and a loaf of bread cost a fortune with prices fluctuating too fast to track.

It is also interesting that China chose to avoid Gold.  My guess is they think it is inflated and will top off then have prices fall sooner than they want their investments to mature.

 

It's alright though, I am sure that there will be another stimulus package of some kind before fall or Christmas "until credit starts flowing again" because credit is a living thing that functions independently of trust and business relationships.  Barack wants you to know that the punishment of big banks and big businesses will continue until the morale improves.  He wants you to know that he will decide who stays in business and who does not and that is all of the certainty you need and the unions will take care of the rest.

 

Here is where the employees of a small town in Indiana fought back against UAW for harassment AT THEIR HOMES AND AT WORK and won.  It is the exception to the rule.  Remember that GM is being split to keep UAW out of bankruptcy court.