Comments for China Announces $586 Billion Stimulus Plan

China Announces $586 Billion Stimulus Plan

2008-11-10T19:34:00Z

China will spend $586 billion in its own economic stimulus plan. [NYT]

Comment from Anonymous on 2008-11-11

2008-11-11T07:58:33Z

What the MSM hasn't caught on to yet: If China is going to start spending their surplus money on themselves instead of buying US debt as they have in the past, who is going to buy all the new debt that will be issued to fund all the bailouts? Oops - looks like the US now has the choice between MASSIVE govt spending cuts or printing LOTS of paper money and hyperinflation!!!

Comment from sephiroth_4 on 2008-11-10

2008-11-11T04:44:36Z

I wish I got $2! All my economic stimulus at the time went to Exxon's profit.

Comment from iaintgoingthere on 2008-11-10

2008-11-11T01:23:37Z

make sure it's a real money and not printed in backroom sweatshop.

Comment from yajjo on 2008-11-10

2008-11-10T23:28:49Z

I guess the price of rice finally became relevant!

Comment from uncle moe on 2008-11-10

2008-11-10T21:20:03Z

so they get like, what, $2 a person?

Comment from CountryJustice on 2008-11-10

2008-11-10T20:03:44Z

You now how I know I'm getting jaded? The first thing I thought was "Why would China want to give all their money to Americans?"

Comment from zigziggityzoo on 2008-11-10

2008-11-10T19:39:34Z

Gee, wonder where they got all that money from?

Misery loves company.