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  • in reply to: China And The New World Disorder #22950

    Thank you Nicole for laying it all bare,

    Now if only my inner circle of family and friends would read it!

    Yes, deflationary death spirals work , for a while, in nations like Japan, with a homogeneous population, high savings , and good infrastructure. But as we see the social fabric is beginning to tear as the first casualty, the yen is devalued . Good in the short term, but now Mrs. Watanabe is really beginning to strain the purse strings.

    And we see a nation like the USA with huge energy and Ag. sectors can survive, for quite a while so long as king dollar is bought.

    With China struggling to prop up everything, will they be the event to kick this all off?


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