Doug Casey: What to Do in 'The Greater Depression' [View article]
That the 21st century belongs to China is an understatement becasue as they sit on $1.6 trillion of US securities, and are awash in trade surplus, they launch a true catalyst not paid for with debt, a $700 billion infrastructure package to stimulate jobs, the 20 million lost so far, and boy they could benefit from US know how in building homes near quake fault lines, factories that do not pollute as much, and an interstate highway system rivaling the USA. Why did Casey not mention TIPS? Printing large amounts of money we do not have normally results in hyper inflation sometime down the road, right?
Doug Casey: What to Do in 'The Greater Depression' [View article]