China Cools Money

Folks,

Not only does USA government policy make protecting your savings difficult, the Chinese government does not want you to protect yourself by investing in China.

I speak to many people who are devising exit strategies from the US, given the coming economic difficulties and political repression. If it gets that bad, what makes these people think they will be welcome overseas? Investing in China is a form of escape, and look at the surprising reaction of the Chinese to foreign investment.

On the other hand, for any hedging or protection you might find overseas, there is an equal hedge here at home, and it also has the advantage of being close at hand.

Rosa Parks said it best, "I ain't movin'"

John

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