China Stimulus Highlights Western Collapse
In short, China's economy continues to expand near or at its maximum growth potential; while the decay of the West's already insolvent economies accelerates. Simply, no sane investor should move a nickel of their money from East to West until the West's hopelessly dysfunctional economies demonstrate some semblance of economic health by normalizing interest rates.
Conversely, as long as Western witch-doctors continue their suicidal near-zero "shock treatment," we know that the only possible outcome is a permanent depression -- as evidenced by Japan. And this multi-decade economic nightmare has absolutely no other goal than to rescue a criminal banking oligopoly
While the banksters continue to arrogantly proclaim themselves "too big to fail," Iceland has already shattered that myth. It purged its economy of this totally parasitic oligopoly, with even the IMF
This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts