Economics and Investing:
Reader K.T. wrote me: You won’t believe the sweetheart deal that the Indymac boys were given by the FDIC. Reader JDD sent us this: Economist: China will soon revalue the yuan; Nation must slow economy down, deal with inflation threat, analyst says. Also from JDD come this alarming Zero Hedge article link: Move Over China: Beijing Sells Whopping $34.2 Billion Treasuries In December As Japan Becomes Largest Official Holder of US Debt Items from The Economatrix: Stocks Gain on Earnings, Deals, and Hope For Greece Foreigners Cut Treasury Stakes; Rates Could Rise Gasoline Price Hits New Low for 2010 Are …