Turning Hard Times Into Good Times

Dr. Jim Walker provides a free market perspective on the Asian markets. Many commodity bulls believe Asian growth is a one-way street and that they can more than make up for an economic depression in the western world. But, a command economy in China has 64 million empty apartments where few people can afford to live. Could that lead to a depression in China or is the Chinese economy so large as Jim Rogers suggests, that 64-million empty apartments are unimportant? What about the longer term prospects for India, the world’s second most populous country? Is China or India a better place to invest? How does Brazil and Russia fit into this changing geo-political puzzle? How will the current global debt depression be resolved? Through the fires of hyper inflation or a freezing cold deflation? With economic growth projected to continue in China, Cathy Fong, the president of a new sponsor named Lucky Strike Resources will talk about her plans to use coal from Mongolia to energize China.