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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: kris b who wrote (75835)	12/16/2006 5:20:18 PM
From: russwinter	Read Replies (3) of 110194

A little history on China might be in order. The Nationalists lost power in their Civil War with Communists because of a great inflation that wiped out their main support groups, the middle and rural gentry. I think that's pretty ingrained in China even today. I heard numerous references to the "great inflation" while in China. fee.org If I had to hazard a guess, they are sensitive to it, but on the other hand think they have badly miscalculated it's potential of late (believing too much bogus deflation BS). I still think they might end up reining it it.

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