chinese debt out of control, page-50

I think we are still on topic Takuan.

I don't believe any figures that come out from any official source especially those interpretations by other governments. Furthermore, I don't believe anything that comes out of the mouths of commentators such as that on CNBS.

So to some it up I don't believe what anyone tells me when it comes to money and politics the only thing I believe i is what I see and touch.

Now if you were to read back through this post you will find contradictions such as suggestions there is too much money floating around and that is somehow bad for gold and there will be world wide austerity. How many governments will have the stomach to go ahead with austerity and if they did it in the US would it be rocks and tear gas?? Would the Chinese just simply devalue their currency again or will the US beat them to it??? One thing for sure what ever happens is not going to play out over weeks or months it will be years.

Cheers
BW