barryqwalsh
Gold Member
- Sep 30, 2014
- 3,397
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When Beijing begins the massive quantitative easing (money printing) required to recapitalise the banking system, the waves will be felt by every country with a heavy reliance on Chinese trade. Which includes Australia.
This is why so many Chinese have been zealous about getting money out of China and into hard assets overseas in recent years. Hello Australian property market.
This is why the capital flight out of China is now so great the government is having to impose tighter curbs.
Paul Sheehan: Is Malcolm Turnbull insane? We shall soon find out
This is why so many Chinese have been zealous about getting money out of China and into hard assets overseas in recent years. Hello Australian property market.
This is why the capital flight out of China is now so great the government is having to impose tighter curbs.
Paul Sheehan: Is Malcolm Turnbull insane? We shall soon find out