The Chinese Communist Party governs the People’s Republic of China and owns the People’s Liberation Army. Their national companies enjoy a huge and profitable export business.
With the Federal Reserve inflating the dollar like never before, the Chinese and others are abandoning the dollar. How do you get rid of loads of increasingly worthless cash? Buy hard assets.
A concept popular in China today is government-owned companies buying up assets in more than 130 countries. After Gov. Otter went groveling before Chinese Communists last year, they are working on developing industry, retail centers and homes in Idaho.
Bringing Chinese dollars into Idaho will cause further price inflation at home, making dollars more worthless and leaving the Chinese Communist Party in possession of Idaho hard assets. But don't feel too bad, they're also eying Ohio, Michigan and Pennsylvania.
In light of China’s Gambit for World Dominance, how do you feel about all of this?
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