To most people, it’s a recession, or even a depression.
To those with money, it’s a “buying opportunity”.
For those who are financing the ridiculous debt this country is burying itself into, it might be a good time to cash out.
And by cashing out, I mean cashing out, as in getting out of cash and going for the hard stuff: gold, and land. And where better to buy the land, than in the country whose dollar is about to be utterly devalued, the good old United States of America.
What a buying opportunity!
Chinese official urges buying of gold, U.S. land: report
Li Lianzhong, who is head of economics at the party’s policy research office, said the U.S. dollar is poised for a fall, making gold and land better investments for China’s $1.95 trillion in foreign exchange reserves, the report said.