Steve Keen on How Australia is vulnerable to China

Associate Professor Steve Keen , Australia benefited greatly during China 's massive stimulus , China was a very successful case a very intelligent industrialization at the expense of the west , the Chinese growth was funded mainly with the American debt particularly the working class and the middle class in America . China exported to an American bubble which ended in 2007 2008 , and China responded by starting their own bubble

Mar Faber is for geographical diversification and diversification in assets

Marc Faber : First of all, I would not put all my money in any emerging economy or in any country. I would have a geographical diversification. I would also have a diversification in assets, some commodities, some equities, some bonds, some cash and some real estate. So I would not put all my money into India to start with. - In ET Now