Involution » Quotes: "In the case of China, obviously they want to squeeze every last drop out of the brain-dead American consumer. When the American consumer has bought the last plastic toy and show shovel made in China from Wal-Mart that he can buy from the borrowed money on the 100th uncollateralized credit-card and they can’t hyper-consume one penny more, like the fat guy who eats the wafer at the end of the meal in the famous Monty Python sketch – who then explodes in a storm of half eaten fois gras and guts - then China will drop the bomb by announcing a gold-backed currency and the sale of a trillion in U.S.-government securities.
Max Keiser"
Wednesday, September 15, 2010
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