The China Bubble

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MSimon
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The China Bubble

Post by MSimon »

From: http://classicalvalues.com/2012/06/china-bled-white/

The Chinese economy is in the final stages of largest Ponzi scheme ever devised.
Engineering is the art of making what you want from what you can get at a profit.
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ladajo
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Joined: Thu Sep 17, 2009 11:18 pm
Location: North East Coast

Post by ladajo »

And the US is trending back to the old days of self-reliance.

http://www.cnbc.com/id/47974815
The development of atomic power, though it could confer unimaginable blessings on mankind, is something that is dreaded by the owners of coal mines and oil wells. (Hazlitt)
What I want to do is to look up C. . . . I call him the Forgotten Man. (Sumner)
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Skipjack
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Joined: Sun Sep 28, 2008 2:29 pm

Post by Skipjack »

Whoever invested in China deserves to be ripped off. Whoever moved their production there, deserves it too and then some. I tried to do business with China once. I got out of it as quickly as I could. It stinks!
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