china launching gold backed worldwide currency, page-7

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    Their debt is expanding faster than their incomes Jim Chanos compares them to Greece

    if you read John Hemptons piece in Chinese Kleptocracy it shows the entire Chinese economy is basically a vehicle for stealing money of the CCP

    http://brontecapital.blogspot.com.au/2012/06/macroeconomics-of-chinese-kleptocracy.html

    Tindale makes the point that the top 70 politburo members have an average net work of 1.3B, where as the average for the US congress is 11M per rep

    Harry Dent also makes the point that the Chinese age demographics are the most challenging of any country, how are they to prosper when in a few years they will be a country with many more retirees than nearly the rest of the world combined

    The one child policy is a demographic noose around their necks for the next 2 decades.

    If they keep printing yuan at 25% a year they will implode pretty quickly , if they dont the population will retire the communist party, no win situation

 
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