"One thing, the amount of money a country issues, is by itself...

"One thing, the amount of money a country issues, is by itself not the most important issue. It's whether this currency can be backed with tangible production that is more important to me."

Well said, KG... I was waiting for someone to say that.

It's a bit like two guys in a room with money printing machines: one works all day and then, at night, prints money to cover the value of the goods he produced during the day. The other guy does a little bit of work and prints enough money to cover his debts, regardless of the value of goods he produced during the day. It can't continue, as Obama admitted in his SOTU speech.

"China collapse in 2-6 mths..." I hope you're still posting in June, CT. That is a big call - almost as big as saying the US is toast...


Cheers,

C12