china launching gold backed worldwide currency, page-14

its interesting people cant apply the same theories to China as they apply to the US , if one prints and spends money they dont have they are heading for hyperinflation if the other one does they are on the road to riches. If one group of politicians are corrupt they are demonized if the other group (the chinese) are corrupt on a scale hundreds of times in scale to the US ones then its virtually goes without comment.

Chanos called the ,dot.com, the 2008 bust , the fall of the Ziggy and the iron ore miners, the European debt crisis.....yet he has no idea :)