Andy Xie: Either America Or China Will Crash In 2011

I agree completely... although my money is on America crashing.


"Andy Xie's latest sees the liquidity war getting worse in 2011.

America will continue to pump the financial system with liquidity via tax cuts and quantitative easing. China will keep the yuan cheap and avoid clamping down on inflation.

The tense equilibrium can't last for long, as either sovereign debt or inflation gets too heavy to bear. Whoever lasts longer, wins." See the rest HERE