Debt Rattle Jun 13 2014: American Consumers Paused For Breath In May?
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Jack Delano Military sentry at bridge over Colorado River, Topock, Arizona March 1943 With consensus building, after new health care data were release
[See the full post at: Debt Rattle Jun 13 2014: American Consumers Paused For Breath In May?]All that I can see is that the day of recognition has been delayed If the rich people in China are getting richer from all the money being printed or if all of the rich people in China are getting poorer because of the falling house prices.
Printing of money only means that they will lose more of what they believed that they had.
Some rich people will lose while some rich people will gain. I’ll still be poor.
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