China might be the trigger. Lot of deception in their economic numbers released to the west. If the real numbers get out, who knows? AliBaba, sort of the Amazon/E-Bay of China is having its IPO this year.
Thomas Sowell: There are no solutions, just trade-offs.
FredHayek wrote: China might be the trigger. Lot of deception in their economic numbers released to the west. If the real numbers get out, who knows? AliBaba, sort of the Amazon/E-Bay of China is having its IPO this year.
PER RICKARDS... for China, "shadow banking",too much development,construction Ponzi scheme
scenario BUT they are leveraging GOLD against the collapse of the dollar..look at Petro dollar, Saudia
Arabia pissed at us and so is Putin...China is the new BFF(my understanding)...MANY trigger points and they are converging.
Idols of idiot-worshippers! Politicians will continue to speak an infinite deal of nothing. They are as a candle, the better burnt out! False faces must hide what the false hearts doth know. Begone you Rascals!
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
It all depends on how long the political class can kick the can down the road. Effectively we are already in a collapse if you look at the 1/3 loss of value of the dollar since 2002.
hadavis wrote: It all depends on how long the political class can kick the can down the road. Effectively we are already in a collapse if you look at the 1/3 loss of value of the dollar since 2002.
Kinda like a Ponzie scheme,huh? I think we are at the END of the run and 15' is going to be a financial
fiasco (much like 2007)...JMO
Just saw in the news that the power grid from India to Bangladesh crashed. The length of outage and effects will be interesting (not in a morbid way) to see. I wish them a speedy recovery and hope they haven't failed to our just-in-time system yet.