china launching gold backed worldwide currency, page-8

scary numbers, and very gloomy scene, no doubt about that.

How about some ratios, numbers, like debt to GDP, deficit to GDP, etc, so we can have some comparisons, some perspective?

Yes, somethings going to collapse soon, very soon, but who, and which ones will collapse first and foremost?

In a currency war, the one collapse the last, wins the war.

Being able to make some money shorting some market is not the same as understanding a civilization. Am I qualified to make predictions on the demise of the European union simply because I made a few dollars/Euros shorting Euro?

Oh, yeah, the Euro. Those betting on the Euro's disintegration or total collapse are making a grave mistake. They talk too loud, and read too little.

Come on, don't take it too seriously. Chanos huh? ha, what a laugh. He has NFI what he's talking about.

Not wanting to repeat my debate with ctindale, so I'd just say: forgetabout China collapse, it won't happen in your lifetime.