Out of Pod Experience

And so it begins.

Maybe.

An interesting point Seen, one does not simply near double the labour pool and not expect deflation. Combined with the dependency ration spiking due to a lower fertility ration... well we have an incoming problem as a higher % of the salary of a current worker goes towards paying for the pension and care of the retired generation. This is a factor in Japans lost Decades since their economy went into stagflation in 1989.

Also a factor in China, 2 generations ago the one child policy was introduced, so one worker today may have 2 parents and 4 grandparents to support in addition to themselves in 20 years. China will probably grow old before they hit critical mass. The Chinese could become powerful, but right now they are a paper tiger and they can't bootstrap their economy at the previous pace while their cashcow cheap labour is idling.

The West isn't buying their crap in the same volumes, the Japanese are becoming more patriotic by the day and the South Koreans are dominating with domestic electronics. Yes others will buy their crap, but will the income exceed the amortisation of the machinery to make it and maintain domestic balance through finding work for wave after wave of migrant labour. If I remember right China needs to grow north of 7% a year to tread water with its gdp/capita in the coastal regions.

Not so very long ago a certain british treasurer sold 50% of the uk's gold reserve at half price or slightly less.
AFAIK Germany was the principle purchaser.



Of course said treasurer won't care as he has several millions now in an offshore account, millions in a paper currency.

Largest if you consider a single country, if you consider the USA a single country as opposed to a collection of states, and if you don't consider the EU a country but a collection of countries (otherwise the USA stockpile would be the second largest, with the EU countries' combined stockpiles being number one).

Germany tried to invade Russia during WWII, and lost 75%- 80% of their total casualties in the war on that front.

Russia is also their strongest ally. The top 4 military forces in the world are China, Russia, the US, and North Korea. Guess who is allied, and who is the odd man out. Majority of US forces are currently spread all over the globe, too, unlike Russia.

Maybe the golds not there?

There has been people saying theres no gold in fort knox for years.

This doesn't seem to me to be another crazy conspiracy theory, they do have some solid reasoning behind
it. But basically this all goes way back when the US made it illegal to own gold and confiscated it all.

Which if you think about it, is kind of suspicious.

Personally I won't believe theres gold there until a totally independent audit confirms it's existence.

Which is why I hedged the statement. ;)

Either way, if China goes to a gold standard, the Western world will pwn their currency.

Who cares about gold. North Korea is ready to test its 3rd nuclear weapon.

Give this a listen.

Edit: "I feel like riddling the bodies of the American and South Korean puppets with machine gun fire and making Washington and Seoul a sea of flames," says soldier Kim Chol-ung.

North Korea's ballistic skill barely reaches a 2.

Diversify. Spread your assets, then everything will be fine. Plex may be one of many options :-) After all, people will not stop playing internet games.
There will be no major economic doom. Tinfoil-doomsday-sects like such scenarios because you can make good business with scared people. Maybe the leading currency will change, thats all. So yes, local changes are possible but life and Eve will go on :)