Subprime is only one of the markets where SOME of the easy credits has been.  The other not-so-obvious one is commercial real estate.  With 1.4 trillion debt coming, Uncle Sam may have to come up with more money again.

Well, this deal actually brings together the Chinese, Americans and Taiwanese together.  No more monopoly for 香港飛機工程(0044.HK).  Full article can be read here.

In short, rating agency may reconsider the AAA rating of the US government.  Suprise?  no.  Implications?  Hardly any, according to Felix Salmon, a long-time blogger currently blogging in Reuters.

As Premier Wen Jaibao is slightly worried about the value of the US dollar collapseing under the huge burden of debt, what should the Chinese government do to hedge against the risk?  I've read at least 2 interesting suggestions as to what China or US should do, but it seems like the Chinese government is using one of the oldest tricks as what typical housewives would do if one is losing faith in the currency: go shopping for essential supply. 

As 格老 briefly stated that BDI has rebounced from the low of 1000 to 2500 in the recent days, the possibility of a quick recovery is again mentioned as a possiblity.  However after reading the excellent article of the usefulness of BDI as a reliable economic indicator, I'm not so sure. 

If the yankees starts saving again, what will happen to the rest of the world that depends so much on exporting to Uncle Sam?  Not a good sign for all the dealers when the drug addict is quitting...

無名小兵，散營長，格林斯通，三條後巷中人，不出巷論盡天下財經事 

節目於逢星期一晚上九時正播出: 

 http://www.openradiohk.com/prog.php?id=77

 亦可以下載重温

無名小兵，散營長，格林斯通，三條後巷中人，不出巷論盡天下財經事

( 下載收聽)

IFC 後巷 Part 1 

IFC 後巷 Part 2