Although unchanged from February, Chinese inflation exceeded analysts expectations—coming in at 4.9%. The tea lovers were expecting something less dramatic, like 4.7%. If you didn’t know, China has a real inflation issue, which may lead to the unwashed rioting in the streets, tossing around petrol bombs and eating the livers of their local magistrates.
If you enjoy the content at iBankCoin, please follow us on Twitter
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts
Related Articles
The Crown is Taking Back iBankCoin
August 15, 2012
UPDATED: Last Ditch Effort to Avoid Meltdown
March 12, 2011
Ask that dude that got runt over by a tank in Tianamen Square what happens when you protest the Chinese overlords. Those Middle East faggots may let this kind of shit get out of hand. China… no fucking way. They will nuke entire 10+ million population cities before they give in.
But you must admit, that meat looks hella good right there.
mmm… tank tread meat.
China Retail Sales miss surprised me. The CPI number had been gossiped around for over a week in China Press. Last week they were giggling about a RRR hike this weekend, but I am not sure if they will do it cuz of our big sell off?
One of heck of Earthquake in Japan, ouch.
Live Coverage of Quake http://english.aljazeera.net/watch_now/