The People Of China Are Moving Money Into Dollars As The Communist Government Goes Dumpster Diving

When it was considered blasphemous by globalists, dollar bears, commodity bulls and other members of the Mickey Mouse Club, we said both the people of Russia and China would be acquiring dollars as they came to the realization that Mickey Mouse himself was in charge of their economies. Ironically, many of the Mouseketeers positioned their investments to take advantage of the great strength in the ruble and yuan. The end result? As the great philosopher Yogi Berra once said, "A nickel ain't worth a dime anymore.".

Some time ago we cited media reports that Russians were acquiring dollars and now the media is reporting the same is happening in China. China and Russia are bankrupt. That means at some time in 2009 we will see more efforts to go dumpster diving and restart the race to the bottom of the barrel. These efforts will pound new nails in the coffins holding Goldilocks and Globalization.