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Strategies & Market Trends : The coming US dollar crisis
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To: GST who wrote (25845)12/22/2009 4:29:41 PM
From: Real Man1 Recommendation   of 71456
 
You may be right, and you are definitely right about
the Chinese having savings.

I have not been to China.
It's a strange mix, and I don't have much to add
to my post, except that growing up in a totalitarian society,
this stuff below (2009 picture) scares the guts out of me.
The political system in China is definitely not a democracy,
it's a totalitarian Communist regime, in which the ruling
party made some market based reforms. Does it mean the
economy will stumble tomorrow? No. -g-



As for the US, I think the threat of losing the democratic
society was remote to begin with, and it probably ended with W.
Not that we can project democracy way into the future, but
so far so good. Tough times can certainly lead to unrest
and a regime change, and I think we have just seen the
beginning last year.
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