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NewsWhore
04-10-2012, 03:00 PM
Man With Beer in Airport Is Economic Indicator: William Pesek (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGs1yfIzX2aNCP9nooBUvOMwKrRsA&url=http://www.bloomberg.com/news/2012-04-10/man-with-beer-in-airport-is-economic-indicator-william-pesek.html)
Bloomberg
It's the human equivalent of China's vast currency reserves. The conventional wisdom is that hoarding $3.2 trillion of cash is a strength, the ultimate rainy-day fund. In reality, it's a weakness. The reserves are a trap; if China sells them, ...

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