[quote=AN][quote=CA renter][quote=AN][quote=Arraya][quote=AN]
If he only invest in countries that support his view, then where does he put this clients’ money?[/quote]
Your missing my point – according to Schiff’s own views, it should be a terrible place to invest. So there is a logical inconsistency with him. I’m not talking principles – we all now making money usurps principles. I’m talking about his own analysis of what makes an economy sound is the EXACT opposite of what China does and is.[/quote]
In that case, doesn’t he also recommend investing in India as well? They’re democratic. Do you think China’s growth is because of the Communist regime or because of something else?[/quote]
Cheap labor…[/quote]
China started to outsource to Vietnam and other countries with even cheaper labor.[/quote]
Yes, and it will be interesting to see how that works out for Chinese labor in the long run. Of course, once a sufficient number of Americans are completely tapped out (almost there), I think China is going to implode.
