Dollar's Days of Dominance Are Over [View article]
All the discussion of China...*sigh* People like to scream and yell about government intervention in the West but overlook that, unlike the 21st Century Red Scare we have here in the United States, China really IS a socialist regime. Further, if you learn to read between the lines and know where to look, they're facing resource scarcity in fuel, energy, facing mammoth environmental problems, water shortages, and have officially reported thousands of incidences of civil unrest, stemming from such practices as, say, creative rulemaking which tends to excuse the state from paying workers. This doesn't even get into the unofficial rumors of the sheer number of banks which have been bailed out by the central bank, to cover up massive corruption.
Plus, that massive wealth was built on the foreign currency so many people say China stands to collapse.
What do I fear? The collapse of China. Just watch and wait.
Is There Really a Global 'Cabal' Aiming to Dump the Dollar? [View article]
post hoc ergo propter hoc
Dollar's Days of Dominance Are Over [View article]
Plus, that massive wealth was built on the foreign currency so many people say China stands to collapse.
What do I fear? The collapse of China. Just watch and wait.