''As we covered yesterday, China is starting to hemorrhage money.
How much?
Over the past decade, about $3.8 trillion has left China illicitly.
The trend, if you’ll recall yesterday’s discussion, is accelerating.
Somewhere around $50 billion per month is flooding out of China.
Today I want to cover the final ramifications of this monetary
hemorrhage, and why it matters to your investments and your wealth…
At the individual level, what’s a Chinese saver to do? Over the past
decade, the Chinese have sought wealth preservation, if not investment
returns, in China’s stock market, as well as in Chinese property
markets. These ideas worked out well for some Chinese investors, but not
for others. Plus, as I mentioned yesterday, the Chinese buy gold — lots
of it..''
read more..
No comments:
Post a Comment