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| Economy |
| Andy Xie: Either America Or China Will Crash In 2011 |
| 2010-12-28 |
| Andy Xie's latest sees the liquidity war getting worse in 2011. America will continue to pump the financial system with liquidity via tax cuts and quantitative easing. China will keep the yuan cheap and avoid clamping down on inflation. The tense equilibrium can't last for long, as either sovereign debt or inflation gets too heavy to bear. Whoever lasts longer, wins. |
| Posted by:tipper |
| #6 HIS GLEN-NESS GLENN BECK had a good show this AM on Fox. |
| Posted by: JosephMendiola 2010-12-28 23:49 |
| #5 "WILD CARDS" = PEAK OIL/RESOURCES + 2013 SOLAR STORMS? OTOH TOPIX > NEW BLACK PANTHERS BUILD AN [anti-US]"INTERNATIONAL ALLIANCE" WID IRAN AGZ AMERICA. ARTIC = the NBP desire to build a RACIST BLACK STATE = BLACK NATIONLAIST STATE IN AMERICA along the lines of NAZI GERMANY. |
| Posted by: JosephMendiola 2010-12-28 23:46 |
| #4 America's finances would be in great shape if extorted union pension liabilities were reduced. During California's fiscal crisis - or catastrophe - it was learned that 5 ex cops were raking in over $500,000 per year in pensions, while working on the side. LA cops get pensions equal to 90% of wages (over the last 5 years of a 25 year service). The Feds need to support State moves against the extortionist, and go after their own at the same time. Reminder: court officers - including judges, cops and prosecutors - form less than 0.2% of America's population. Knock those parasites down a couple of notches, and the country will get fiscal stability. |
| Posted by: Ebbusosing White1399 2010-12-28 14:03 |
| #3 If China has a hard landing, would would all those trillions we owe them disappear? Al |
| Posted by: Frozen Al 2010-12-28 13:58 |
| #2 On the other hand, if China has a hard landing, the U.S.'s trade deficit can drop dramatically, maybe by 50 percent, due to lower import prices. Does that mean we can expect to see even more prastic clap from China when we go to WalMart? |
| Posted by: Abu Uluque (new computer) 2010-12-28 12:20 |
| #1 Both. Cascading crash. They are interlinked. China can't fend off US financial collapse as US is its biggest market. ETA, 6-9 months. Interesting times we live in. |
| Posted by: twobyfour 2010-12-28 12:12 |