Ron Paul’s Predictions From 2002
Not all are right (yet, anyway). But many have come true, such as “The U.S. with Tony Blair as chief cheerleader, will attack Iraq.” Lots of insight on gold & currencies too:
Jim Rogers’ Outlook For 2012 & Beyond
Nice long interview with Jim Rogers. Enjoy:
TL;DW:
- Explains why he moved to Singapore (likes China, but Bejing & Shanghai too polluted)
- He’s short stocks “across the world”
- Long commodities
- Long gold, silver
- Crisis still imminent, better to take the hit now
Ron Paul’s Foreign Policy: Non-Interventionalism
Nice overview of his views on foreign-policy blowback, Iran, etc.
You Like Ron Paul, Except on Foreign Policy
Update on China’s Ghost Cities
China, along with the rest of the universe, continues to prove just how wrong Keynesians are about infrastructure/stimulus spending. Almost always, the result of such spending is a handout to politicos. It causes incalculable disruptions to the real economy. No matter how well-intentioned the pundits who begged for it were.
As a result of the bad debts created, China will continue to devalue their currency and continue to have high inflation.
