Isn't timing really important in this? As far as I understand, partially via your links:
- Those most hurt by a collapse will be asian countries - Europe and USA will try not to make it collapse, either - CB actions will determine the stability
In other words, politicians have the power to trigger the collapse, or to keep it stable. If they choose to keep it stable, it's too early to buy gold etc.
China has threatened to sell dollars, but the question is, if they really want to do that. What would the result be in china, when exports to USA decrease, dollar value is reduced etc.? How well would the Chinese think that their government manages their economy?
Aren't we seeing an international chess-like game, where USA tries to export their economical problems, and other countries try to avoid them?
My expertise is in science and technology, and I see a potential for huge real growth, which fits very well with the explanations by some of those, who think that it won't collapse. Therefore, I am very much in doubt what to believe. To me, economic figures and science are telling two different stories. |