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Amusing: Wikipedia pooh poohs one of the main iTulip themes

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  • Amusing: Wikipedia pooh poohs one of the main iTulip themes

    "There is fear that foreign countries hold so many bonds that if they stopped buying them, the U.S. economy would collapse; however, the reality is that more bonds are transferred in a single day by the Treasury than are held by any single sovereign state.[2] The perception of this dependence furthers belief that the U.S. and China economies are so tightly linked that both fear the consequences of a potential slow down in China's purchase of those bonds."

    From: http://en.wikipedia.org/wiki/Treasuries

  • #2
    Re: Amusing: Wikipedia pooh poohs one of the main iTulip themes

    Wiki again shows it is completely worthless in any matter in which any debate exists.

    Foreign countries are already (with the exception of the UK and Japan) no longer buying US Treasuries.

    And the dollar is falling like a stone as is the dollar's usage in overall world trade.

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    • #3
      Re: Amusing: Wikipedia pooh poohs one of the main iTulip themes

      Not strictly relevant, but I couldn't resist:

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      • #4
        Re: Amusing: Wikipedia pooh poohs one of the main iTulip themes

        Wikipedia is really good for certain things. When I look up really geeky things in biology or astrobiology, for example, the articles agree with what I know about the subjects.

        Controversial things, however, should of course be taken with a grain of salt. And it is as important to understand why something is wrong as it is to know the things that are probably correct.

        What Wikipedia excels at is going among languages. When you can find corresponding articles, it is much better than any dictionary you could possibly use. On the whole, I would say the information is about 99% correct, and it is a work in progress so gets better all the time.

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