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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST
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To: Maurice Winn who wrote (67996)11/11/2010 6:08:14 AM
From: elmatador  Read Replies (1) of 217739
 
China Government need people to spend money. They do not know how to do it.

As they morphed into capitalists, forced by the collapse of northern neighbors gone to the dogs, they intended to have government with money.

For example: You have a PLA to sustain and that needs a lot of money.

You have a the higher echelons living standards to be kept. They were successful beyond their early envisaged.

Now they need to let that money flow but they are hogging it.
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