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Well China has other problems. They are short of trillions for paying future state pension (urbanized regions only). I will once make a post of this.

This is the case allover the world but China's government has the power to do whatever they want and they're playing a long game with gold at the backbone of their monetary future. As far as I can tell, I'm just a dude laying on the couch in his sweatpants..you may not want to take financial advice from me? 😁

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