On Wed, 16 Jul 2008, Karl Burg wrote:
> On Wed, 16 Jul 2008 09:44:20 -0700, John Holmes
> <jholmes@[EMAIL PROTECTED]
> wrote:
>
>
>> Sure, a billion dollars ain't what it used to be, but a billion here
>> and a billion there, sooner or later it adds up to real money.
>>
>> -jh-
>
> I do not see the point why this comparable small investment is of any
> significance for the answer to the question what the current Chinese
> state is aiming at und doing. Their investment in Fannie Mae bonds
> surely is hundredfold as big than this congo thing, which obviously
> has big strategic aspects for China. Their investment in american
> banks is on the same degree.
>
> Karl
>
Investments in banks and bonds is merely where they park their funds,
they have to put them somewhere.
If Fannie Mae goes bankrupt, guess who will be the big loser, by the
way, whose investments will *not* be covered by the US taxpayers?
A nine billion dollar investment project in real capital, not just
paper or even electons on a computer keyboard, is something else
altogether.
-jh-
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