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Jim Rogers Believes World Is Heading for Depression

Debasing a currency is really a problem when it is taking place. Once it is finished, It could be a boom. China did many things right! And they made many errors since Mao days. Why is China in a boom? One answer: It encouraged its people in Capitalism! What a communistic country being good at Capitalism? Capitalism creates the wealth that can be used within any society. Generally China has enough wealth production within the country to cover its own needs. And of course if you look at socialism within the country it is minimal. There are communistic projects in the country, Many actually create much wealth. The socialistic programs in many countries are using up wealth reducing peoples abillity to create new wealth. Until western countries wake up, expect an ever increasing depression!

Quant Easing: Central Banks Unleash the 'Nuclear' Option

Remember the slogan.... Never ever ever ever again! I think many of those never evers are about to repeat themselves. The real slogan should be: As long as leaders remember experiences of the past, they will not repeat the same mistakes made during their lifetimes. What are the experiences of current leaders? They have no idea of what consequences their actions will cause! buckle your seat belts, the kiddy roller coaster has been upgraded to super fantastic highspeed thrill and fear inducing ride. By the way; You have little choice you must ride it because fairness says so! Do not worry as long as you remain in the car you will still be alive. If you happen to die, that would just be because it is your time, not because you were forced to ride!