THE EVIL OF ZERO
Is Zero a fascist dedicated to destroying the life savings of Americans, or is he criminally incompetent?
The answer is yes.
So let me tell you about Gao Xiqing (gow shee-ching). He's one of the smartest Chinese you'll ever meet (and that's saying something). Graduate of Duke law school, worked at a major Wall Street law firm, returned to his native China to direct the CIC, China Investment Corp., the Chicoms' trillion dollar sovereign wealth fund.
In other words, he's the guy who owns $700 billion of US Treasurys, the guy who Zero is depending on to keep buying. Should he not show up at the next Treasury auction, the dollar disintegrates the next day.
A friend of mine has gotten to know him (don't ask me how). "Gao is super-smooth, sophisticated, speaks English as good as you or me, and knows America inside and out," he says. "He can talk the language of high finance and international capitalism as good as anyone - yet he is a hard core Chinese Communist who regards America as China's enemy. He despises Obama as the epitome of American weakness."
Gao also thinks that gold is going to $5,000 an ounce and that the dollar's goose is cooked.