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Thread: Citigroup suffers a huge loss and world stock markets trembles
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[quote=MARRIE,266014]heard chinese gov is selling us low rated debentures (verge of default coz of credit crunch) and switching to euro currency mkt, think it's hard for citi to raise capical in foreigh mkt to ease sub-prime crisis by means of lowering int. rt shuts the door to foreign capital although lower int. rate could stimulate investment,it's kinda trade off [/quote]
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