Well said Snowy101, this is what I am hearing about China. The lack of foresight and socialist policies have done great damage and this will be factored in the next election results.
Good post Sonwy I like people that can look forward it is not that easy to do apparently.
This ending of the debt bubble also spells the end of the validity of Keynesian theory too. It worked in the 1930's because that was near the beginning of this long wave debt cycle.
CW
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