Chinese Premier to Visit Europe Amid Debt Crisis Will this lead to a Chinese financial takeover of Eurozone countries??
LOL the EU has 20X the financial power of China . China is only trying to act big , compared with th real superpowers they are small fries .
Appears encouraging, except China already is on the bubble for both Europe and the US.....do they have another Trillion to lend ???
And have we ascertained they are not simply printing more money like the US? They're obviously not as transparent as the US so it makes me wonder if that's the case.
We're talking about the EU not about the countries that experienced financial mismanagement an economical turmoil . Besides out of 27 countries only 1 still faces financial difficulties . What a surprise when China buys bonds they expect the others to worship them .
Will China bailout Europe? Poor China in more ways than one......this points out the importance for Congress (US) to raise the debt ceiling to honor their expenses, failure to do so would be catastrophic world wide not only for the bond holders but for what would create insolvent interest rates creating a complete freeze in world liquidity.