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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 383.15

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4:00 PM EST

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Hawkmoon

To: Hawkmoon who wrote (101941)	7/17/2013 11:34:00 PM
From: elmatador	1 Recommendation of 218038

IMF warned that time is running short for China to implement critical economic reforms as the government, banks and companies come under mounting strain from rapid and unbalanced growth ... said it was “increasingly urgent” for China to shift away from its growth model which relies heavily on credit and investment... and the model was “not sustainable and is raising vulnerabilities” and that “while China still has significant buffers to weather shocks, the margins of safety are diminishing”. China’s new leaders, who took the reins in March, have vowed to step up reform efforts, but have yet to make any significant moves. ... In 2008, when the global financial crisis erupted, China launched a massive stimulus that propelled growth but also sparked a surge in debt. With the economy slowing again, some local officials and companies have called for another stimulus effort. The IMF urged Beijing to continue to resist these demands. ai, ai ai amigos! This is not going to end well...

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