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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (73481)4/23/2011 3:22:23 AM
From: TobagoJack  Read Replies (1) | Respond to of 217820
 
at 30% saving rate china can take quite a bit of food inflation pain

if i were the american authorities i would, beside the earlier mass default and write-off of private debt, would also just pass out stacks of usd to the constituents for food subsidies

of course, in such an event, as chinese officialdom i would do same in china

so, best we start loading up on the sort of assets authorities cannot print, so that we can pay down what we borrowed with the printed stuff as and when the eventual must-happen happen