So why the Chinese stockmarkets went up more then 15% last days?
Western economists seems to be the dummest in the world.
China this, China that.
Bulgaria this, bulgaria that.
They don't seem to like that not everyone is doing so bad as them.
I would never ever want to be a client with that bank.
And then they wonder in the Western world why they are landed in such a gigantic economic crisis.
Search for the state debt of Italy and that will explain you much why they have such lousy analists.
Every country will go in recession.
But some a bit harder and they still not seem to understand that. They think printing money is the solution.
Bulgaria will do fine.
Bulgaria will even grom more and more and have advantage of the situation.
They know how to handle crisisses and they don't have build a whole economy based on air.
You could argue that BG has no economy compared to the UK.
Where is the problem for BG then?
Did you read the article about the IMF?
I guess not, otherwise you should be thinking now.
The US and Europe (we need to say also the UK right? Because they are not Europe, they were very proud about that untill shortly) have a huge crisis about fiat money.
And what do they do?
They make it 10 times worse by making unseen volumes of new fiat money.
How many banks Europe and the UK already needed to rescue?
How many banks did Bulgaria needed to rescue?
"Fiat money always returns to it's basic value : zero"
West-Europe is so stupid it's too stupid to talk about.
They are going down!
Read this :
Why does Novinite cites such journalists who don't even know a littlebit what they are talking about?
Because they write for a big newspaper?
And the UK is the most stupid of all European countries...
Watch their pound go down!
50% more Chinese Tourists in Bulgaria
Potentially Defective Aluminum was used by All Car Manufacturers in Japan