08 April 2010
Partners in Crime
"See, China's in a Catch-22. They have to keep loaning us money, so we keep buying their cr[ud]. So they're stuck. They can't bail out of bucks, because they have to keep this scheme going. So they're in a fix as well. And by the way, they're also holding on to those Euros. And you know jumping out of the Euro and jumping into the Dollar is like bailing out of the Titanic and going into the Lusitania. [...]Every country in the world... is continuing to stimulate. The stimulus is going to run out, the crash is going to happen."