China must be happy

There are some signs that show the EMU (European Monetary
Union) is not immune against the mortgage crisis, which was
spilling over from U.S.A. According to this recognition, the ECB
(European Central Bank)would help the pecuniary system with extra sources.

ECB said in a statement friday night, that it would pump extra
sources in order to achievebigger liquidity in financial system.
But, on the question: "How much excess sourceswill be pumped
in the system by ECB?" the ECBdid not mention. Thought, it signed the durationof this process is long period, it assumed the pumping method will keep until
the end of this year.

The new intervention is promised after the time when the hunger
of liquidity increased such an extent that the three-mounth U.S.A
interest rate had been raising to 5,04 percentage, it is hardly
impermissable when the prime rate is 4,5 percentage.