First Warning Sign in Global Commodity Boom Flashes in China
China is a bubble worse than any European or American economy. I have a feeling they don’t even know how bad it all is. But they sure know that they will have to keep pumping ever more “printed-for-the-occasion” money so the scheme holds up. Until it does not. The truth is, we maneuvered ourselves into a monstrous recession ad the more we stave it off, the worse it gets.