This is the second part of a money and markets update. The first post was April 23rd of this year. I would encourage you to consider reading that post first, if you have not done so. I summarized a lot of points made on here over the years re China. Especially if you are interested in what is happening right now in China. There has been a lot of misrepresentation of what is happening in China. Specifically by many mainstream bloggers and the financial press. The Asian development bank, as just one example, is a sign of impending doom for China rather than a threat to the United States and dollar hegemony. Something I noted in that prior post.
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