To: TigerClaws
Simon Littlewood, president at business advisory firm ACG Global told the BBC there were concerns that the world's second biggest economy was "a one-trick pony as they have been trying repeatedly over the past few months to put more liquidity into their economy", yet so far have failed to calm markets. I recall seeing articles over the past year or so about wealthy Chinese moving the liquidity (money) OUT of Red Chins -- I think most wealth is in the hands of Communist Party members so that ought to suggest what's really going on. Total collapse? Border-to-border Tiananmen Square? Revolution? Mao coming back.
No more Red China is a hell of a lot better than war with them.
16 posted on
08/23/2015 9:53:42 PM PDT by
WilliamofCarmichael
(If modern America's Man on Horseback is out there, Get on the damn horse already!)
To: WilliamofCarmichael
"
one-trick pony as they have been trying repeatedly over the past few months to put more liquidity into their economy"
Unlike the US economy and US government strategy.
17 posted on
08/23/2015 9:55:26 PM PDT by
LukeL
To: WilliamofCarmichael
No more Red China is a hell of a lot better than war with themUnfortunately, it often works in the opposite direction historically. Financially stressed countries with authoritarian regimes often use war to redirect the anger of the population.
23 posted on
08/23/2015 10:35:05 PM PDT by
Cold Heat
(For Rent....call 1-555-tagline)
To: WilliamofCarmichael
A lot of wealthy Chinese are buying expensive homes in southern California and paying cash for them. That’s a good way to get money out of China.
Arcadia, a suburb of L.A., is becoming known as the “Chinese Beverly Hills”.
25 posted on
08/23/2015 10:49:39 PM PDT by
Deo volente
(God willing, America shall survive this Obamanation.)
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