Nigel Farage on Fox giving his opinion on Barroso blaming the USA for Europes ills. Interesting, he says EUssr is run by ex communists (Barroso in the past was a communist who supported Chairman Mao), and is moving towards something similar to the USSR.
China To Force Pension Funds To Invest In Stock Market
January 10, 2012
China china, invest, pension fund, ponzi, push, reflate, stock 1 Comment
In an attempt to reflate the bubble in its stock market, the Chinese regulator is looking to “actively” push, pension funds and housing funds to invest in stocks. The line from the original Bloomberg report was
“China’s stocks regulator will “actively” push pension and housing funds to begin investing in capital markets, and encourage long-term investors such as insurers and corporate pension plans to buy more shares.”
I think we all know what the expression “actively push” means in China. To force someone to invest in a stock market can only end in tears and smacks of desperation by a regime trying to keep the Ponzi scheme going. Between China, US and Europe, nobody wants to be the first to fall, as the other will undoutbidly benifit from capital flight.
This ties in with a previous post where the Shanghai Exchange dropped 22% last year.
Source: ZeroHedge