Chinese invented paper. They know how to print money

Marc Faber : Chinese invented paper. They know how to print money

Still, the ongoing shifting balance of economic power from industrialized countries to emerging economies is building up geopolitical tensions, especially in the Middle East and Central Asia, he said. All the West needs to do to contain China is seize control of oil supplies, but China and the countries dependent on oil imports would not allow that for the sake of self-preservation, Faber added.- in www.taipeitimes.com

John Williams - GDP is a nonsense Number

John Williams of the shadow stats on the Financial Sense NewsHour Nov/15/2011 : Third Quarter GDP Numbers Have No Relation to Reality , John believes unemployment hasn’t really recovered from the 2001 Recession.GDP is a nonsense Number , it is a worthless number in terms of having any meaning in terms of the economy heavily politicized very heavily modeled , they use extremly low rates of inflation , that number could easily be negative as wel as positive John Williams of shadow stats says