These Two 'Old Codgers' Must Surely Expire...

The world's economy is a fraud. The two big players are stimulating as much as they can to prevent collapse. We know it won't end well.

When it comes to China…

It's hard to know what's real and what's fake.

The exports are fake, the production is fake, and the wealth is fake.

But just because something is fake, it doesn't mean those things aren't there.

We're not saying the exports, production, and wealth are non-existent.

That would be different.

When we say ‘fake’, we mean they aren’t what …