calling china collapsers: , page-45

herc, ease up. You offered a challenge in your thread opener.

CT is absolutely correct about the recent monetary expansion of China and the rate at which it is has been done. The US did the same in buying $trillions in private debt recently - of course it has to improve the economic environment. This is not without the direct and intended benefit of expanding the capaity of the credit system to continue the "spend and pretend" mentality.

The question is for how long, and what happens in the mean time, if not eventually. The reserves and approach of the 2 countries are poles apart, as are their political systems.

Economic principals are universal and transcend politics. Marking prices to fantasy is not limited to any one currency or political party.

The beauty is there is 200 years of recent history of many economic systems on display for those willing to dig a little deaper.

Politics cannot survive without economics.