Seven is a Lucky Number. September, Not So Much | China Choking?

by Patrick on August 31, 2010

in Education, investing, Stock Market

Steven King doesn’t have much reason to like me.  I don’t need to read scary novels or watch horror shows.  The suspense that they build is felt every day.  I just wish that it could all be fiction like many rumors.  May not this one, though.

Folks?  Are you ready for this sort of stuff?  Do you know how this is going to affect you?  Unless you are new to Financial Widgets then you already know that the government has been financing “the recovery” by the sale of treasuries.  The sales of which hasn’t been going very well.  You also know that China holds about 25%+ of our national debt.  It they stop buying then what?

Rumor PBoC Governor Zhou “John Meriwether” Xiaochuan Has Defected From China After Suffering Half A Trillion In UST-Related Losses via ZeroHedge


In Latin, septem means “seven” and septimus means “seventh“; September was in fact the seventh month of the Roman calendar until 153 BC, when the first month changed from Kalendas Martius (1 March) to Kalendas Januarius (1 January).[2] This is when September stopped being a lucky month.  At least it could be that.

Now we have to add Wall Street: Money Never Sleeps, previous stock market history, and those now famous words by our fearless leader, “We are heading in the right direction“, and what do we get?  Suspense!  That’s what!

I’d loved to have written this story,  Steven King would have liked to, also, I think.

Wall Street: Money Never Sleeps Trailer

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