If you read the financial press or listen to what politicians say, you have probably heard many times how important it is for the Chinese renminbi (yuan) to strengthen against the dollar. Indeed, it sometimes sounds as though a weaker dollar is the key to a prosperous economic future for Americans. Nonsense!Let’s look at...
And Ronnie doesn't care.
Man up.
Buy the book now on Amazon.com. Or listen to Ronnie tell a story at escaping-from-reality.com.
China has created a massive middle class in a single generation, but it has yet to empower it. China will not soon be supplanting Americans, or Europeans, in the mall line-ups yearning for China-made-American-invented-branded-and-engineered products. American consumers are unconsciously pushing back the clock on that empowerment of the Chinese middle class through their dramatic...
And Ronnie doesn't care.
Man up.
Buy the book now on Amazon.com. Or listen to Ronnie tell a story at escaping-from-reality.com.
China is calling for a move toward an obscure international currency known as SDRs (Special Drawing Rights) used by the IMF, to replace the U.S. dollar. The proposal on first blush suggests China is concerned with looming inflation in the U.S. and the devaluation of the debt it holds. While a reasonable concern, why...
And Ronnie doesn't care.
Man up.
Buy the book now on Amazon.com. Or listen to Ronnie tell a story at escaping-from-reality.com.
In the search for solutions to the global economic turmoil, there is a disconnect between the objective of bankers and financial institutions, and the objective of government (read: people). The global crisis presents an evolving pathology beyond the reach of Paulson, Bernanke or any other imposition. That is the great mystery and abstruse nature...
And Ronnie doesn't care.
Man up.
Buy the book now on Amazon.com. Or listen to Ronnie tell a story at escaping-from-reality.com.
Prohibition News Economic Collapse Blog Pacific News Feed
Right.
Man up.
Buy the book now on Amazon.com. Or listen to Ronnie tell a story at escaping-from-reality.com.
