!!! Meltdown in China in 2005 !!!
This morning, I listened to an intelligence briefing given by George Friedman. George Friedman, Ph.D., is an internationally recognized expert in security and intelligence issues relating to national security, information warfare and computer security. Friedman’s column, Intelligence Brief, is syndicated by Tribune Media Services. Friedman is founder, chairman and Chief Intelligence Officer of STRATFOR, a private intelligence company that provides customized intelligence services for its clients. For more information about STRATFOR, go to their web-site, www.stratfor.com; they analyze and forecast trends in world affairs.
George says there will be an economic meltdown in China this year. Riots are already taking place throughout China and have been reported by the NY Times. The 30-year economic expansion in China will crash and burn this year. The top leaders of China have already moved their money out of China and into US markets (2% US Bonds, etc.). During 2005, there will be a tidal-wave of money from desperate rank and file Chinese, flowing into US markets.
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