Recent content by devilwing

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    Broken System

    Believe it or not, most Chinese don't think that the government care about their welfare. And what have happened so far support their views. For instance, the officials can sacrifice the environment and livability of a city just to earn a good political achievement as a capital for promotion...
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    What is wrong with hyper inflation?

    Well, 3000% in almost 30 years is definitely not a HYPER INFLATION...
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    Apple products as a medium of exchange.

    I would prefer store some food and water... Electronics are meaningless when one can't survived...
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    Chinese Yuan is all time high but how come they have record trade surplus????

    Maybe it is time for US and other western countries to make some changes in industry structures and employees incentive and other stuff. Even though Chinese Yuan can be appreciated to its proper level, the export share would switch to some other low production cost countries like ASEANs.
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    Faber: Brace for a Global 'Reboot' and a War

    Though history has proved that economic crisis is a major reason for wars, I don't think there would be any large-scale wars which will definitely lead to nuclear holocaust between any world powers under current situation. The world market though may experience some reboot with new countries...
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