Sunday, September 28, 2014

Capitalism injected into China...Russian collapse redux

Here's the thing...Capitalism has been injected into the Chinese Communist system with the success of the Alibaba IPO.  Think of Long Term Capital in Russia, Think of the book "Animal Farm". China is headed for a rude awakening. Wall Street investors in China are heading for a rude awakening. Capitalism in Communist countries lead to one outcome. Pandora's Box has been opened. Expect significant global market contractions. It's amazing how easy money and greed can collapse a socialist system. Brilliant. The global markets are going to get hit hard as China tries to reign in un-controlled domestic demands for freedom and their citizen's demand for a share of the wealth. Jack Ma may be responsible for the end of communism in China (not without a fight).Expect global volatility to hit the roof soon. This is not a drill.