Tuesday, November 10, 2009

China’s Premier Warns Obama to Get America’s Deficit to an “Appropriate Size”

In this video the financial imbeciles from Tech Ticker talk about a recent statement from China’s premier Wen Jiabao. Earlier today Jiabao sent a shot across the dollar’s bow by stating that the U.S. government must get its financial house in order to assure that its currency remains stable. The statement from Jiabao was a significant blow to the dollar which led to gold breaking $1,100 an ounce.

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