Dr. David Levee: China & the DOW Jones INDUSTRIAL Average
Authored by Dr. David Levee
China is fixing its economy by sucking up the world trade it doesn’t already control.
They’re doing this by cheapening the renminbi, which has the effect of taking from the US manufacturing sector – this crashes the DOW which is after all the DJIA – Dow Jones Industrial Average.
Their strategy has the added benefit now the US can’t strengthen the dollar any more by raising interest rates, so the Chinese can buy US assets and stocks on the cheap, and gradually own the country.
When they get done, this will be a 100 year opportunity to buy Chinese company stocks.
Probably will be very good year for the US rental market
The global elite see all this like a pig farm from 10,000 feet – move the feed trough from one end of the ranch to the other, and the little piggies run over there, leaving behind things you can now take while they’re not looking…
As Glenn Reynolds likes to say – All is proceeding as I have foreseen…