There is a news story today that China might step in to temporarily postpone the debt problem in Europe by giving them a few billion euros in exchange for being able to start buying up the “infrastructure” of Europe.<\/p>\n
In the past couple days, a major purchase was announced of a U.S. Natural Gas Line company (El Paso Corp) by Kinder Morgan. Almost all of the funding for this deal came from Barclay’s Bank over in London.<\/p>\n
You can’t get much more “infrastructureish” than thousands of miles of natural gas pipeline.<\/p>\n
You may also remember that Barclay’s avoided a takeover by the UK Government in 2008 by selling 1\/3 of itself to Qatar and Abu Dhabi for a few billion euros.<\/p>\n
http:\/\/online.wsj.com\/article\/SB122543932142487581.html?mod=testMod<\/p>\n
Consider that next time you’re listening to the BBC talk about Libya.<\/p>\n
Allah akbar 2u.<\/p>\n","protected":false},"excerpt":{"rendered":"
There is a news story today that China might step in to temporarily postpone the debt problem in Europe by giving them a few billion euros in exchange for being able to start buying up the “infrastructure” of Europe. In … Continue reading