China seems to change the dollar bills it
holds into actual goods. Reportedly,
China has stockpiled goods and precious metals at a national level. This is the move in anticipation of the
collapse of current financial system.
As expected, Chinese leaders are sagacious.
On the other hand, some Japanese say that
Japan with a lot of scraps of paper is a creditor nation. However many dollar bills, which are mere
scrap of paper, we have, they cannot be real assets.
At the time of radical changes in economic
system, currency has to be supported by actual goods.
Masatoshi
Takeshita
January
14, 2013
Source: Reuters (video) – January 9,
2013
More
than One-Third of Youth of Italy Out of Employment
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