To: Free Vulcan
China to me seems like a house of cards. Too much, too fast, too rigged, too controlled. I think overall they are in worse shape than we are.
I dunno...I'll bet they aren't printing money to buy their own debt yet.
3 posted on
12/25/2010 11:08:53 AM PST by
BikerJoe
To: BikerJoe
In a sense they are.
They are putting so much money into their over-valued stock market and way, way, way, over-valued real estate market that when they crash it will wipe out vast sums of money.
Sort of like the U.S. when bond prices start to rise and we can’t afford that debt anymore.
To: BikerJoe
I dunno...I'll bet they aren't printing money to buy their own debt yet. Who'd be crazy enough to try... oh wait. Never mind.
18 posted on
12/25/2010 5:52:53 PM PST by
6SJ7
(atlasShruggedInd = TRUE)
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