Xblogs.us
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xBlogs.us - Free Adult Blog Hosting
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Excerpted from the website:
- BEIJING - How do you say irrational exuberance in Chinese? Alan Greenspan, the former Federal Reserve chairman, may not know how to say it, but �� as he proved in 1996 when he coined the term in reference to the U.S. tech boom �� he knows it when he sees it. Last week, he pronounced the meteoric rise of China��s stock market unsustainable. But China��s leaders may have found a way to control it, at least for now. Effective Wednesday, they tripled the ��stamp tax�� on stock trades from 0.1 percent to 0.3 percent. In response, the main Shanghai Composite Index tumbled 6.5 (more)
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