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China Is Waking Up To An Inflation Nightmare

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posted on Dec, 21 2010 @ 05:18 PM
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Before It's News- China Is Waking Up To an Inflation Nightmare




China’s central bank Governor Zhou Xiaochuan indicated that turbulence in the global economy is limiting the nation’s ability to raise interest rates to counter inflation, according to the China Daily newspaper.


Very interesting article/situation which could lead the dragon down a number of paths- a lot of them scary.

Perhaps the American economic crisis was pre-planned inan attempt to destabilise China via civil unrest etc.?

Perhaps, perhaps, perhaps this and that- over to the people to take the floor.




posted on Dec, 21 2010 @ 05:22 PM
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"Well obviously this is a globalist psy-ops plot designed to keep us in the dark."



posted on Dec, 21 2010 @ 05:35 PM
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reply to post by v1rtu0s0
 


A brief study of economic history will prove that there is yet to be an 'invincible' economic principle.

The distinguishing factor (IMO) in successful economies is how they recover from and combat the negative effects of any modern economy.
edit on 21/12/10 by Pirateofpsychonautics because: Grammatical Correction



posted on Dec, 21 2010 @ 05:49 PM
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i thought china is the the rising power? if the us empire fell who will keep the world in order



posted on Dec, 21 2010 @ 05:51 PM
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reply to post by starwarsisreal
 


Supposedly, India.


Thank you, come again!!!



posted on Dec, 21 2010 @ 05:52 PM
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reply to post by starwarsisreal
 


Define 'order'.

It would be a stretch to claim that the world is in order at the moment and let's face it- when has China ever acted in the interests of the globe?



posted on Dec, 21 2010 @ 05:55 PM
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Originally posted by v1rtu0s0
"Well obviously this is a globalist psy-ops plot designed to keep us in the dark."



posted on Dec, 22 2010 @ 12:27 AM
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reply to post by v1rtu0s0
 


The US housing bubble is nothing compared to what China has. Their government has been propping it up for several years now. They have entire towns sitting empty, waiting for businesses to move in and start the basic industry that will fuel the cities population.

But with a worldwide economic downturn, business growth is nil. And those cities sit empty. So housing prices are, um...very artificial right now.

Once all the fake wealth is burned through (from the fiat system), we will be left with a stunning reality: it is time for a restart.

I just don't see this as sustainable. At least in the US...we allow them to spend so much and just don't even pay attention. Have you seen how much corporate taxes are? No wonder China started booming.



posted on Dec, 22 2010 @ 12:30 AM
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Originally posted by Logarock

Originally posted by v1rtu0s0
"Well obviously this is a globalist psy-ops plot designed to keep us in the dark."



posted on Dec, 22 2010 @ 04:01 AM
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reply to post by bigfatfurrytexan
 


Well not everyone can be a miner or a refiner or craftsman.



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