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June 8th, 2012 
FAKE NEWS for the Zionist agenda Previous Post: Moody’s downgrades credit ratings of six German banks nbsp
China cuts bank rate to perk up its economy
Independent – China’s economic policymakers gave their counterparts in Europe and the UK a lesson in decisiveness yesterday, as they caught markets by surprise with a 25 basis point cut in interest rates. The People’s Bank of China announced its first rate cut since the 2008 financial crisis after its national markets had closed, but the move prompted a surge in stock markets in the UK and the US. Read Article
Tags: Asia, banks, debt wealth, financial system
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