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It appears the Chinese....
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hedgefund farmer
Posted 5/26/2012 09:48 (#2399009 - in reply to #2398800)
Subject: RE: It appears the Chinese....


Dont have much time to go in depth, but a few quick things

1) Look at per capita consumer debt as well as govt debt/reserves.
2) They are filling their vaults with gold while we are busy lieing about ours and certainly not adding to it.
3) Dumping soon to be worthless dollars and buying up mineral reserves/rare earths all over the world .
4) Look at growth. Good lord they put in 5 to 8% growth and people are disappointed...?>??
5) We have no growth here too much debt. Any growth they report is due to bogus statistics IMO.
6) Social welfare and entitlement programs (Do the Chinese even know what these are?
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