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They have finally now come around -- with the government buying equity in banks -- because they see the financial system is on the verge of collapse.
That changes the power relations. The powershift toward Asia is a consequence of the sins of the last 25 years on the part of the United States.
ID:nLDE5BP055] Share markets that were open in the region, where some centres including Australia are still on holiday, rose and US Treasury futures TYv1 ... and more »
Sun, Dec 27 | from Reuters