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China is in the midst of “the greatest bubble in history,” says James Rickards. He should know. He was the general counsel of hedge fund Long-Term Capital Management LP which blew up spectacularly in 1998. The Chinese central bank’s balance sheet resembles that of a hedge fund buying dollars and short-selling the yuan, says Rickards.
The Google case shows the true nature of China’s ruling Communist Party of China. It is a repressive, oppressive, suppressive and violent organisation that is not unlike any mafia.
While being physically surrounded by ethical goods makes people 'better', actually buying them can have the opposite effect.
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