Chinese Wealth Threatens Global Markets

One would normally think that you could never have too much money in the bank. The Chinese government is finding otherwise. Chinese reserves are projected to reach $2 Trillion (U.S.) this year. This situation makes it difficult for the Chinese government to control inflation. It will be interesting to watch their response. The rest of the world needs to be concerned because a mismanaged response by the party loyal (the funds are managed by bureaucrats, not financially trained managers) could have serious repercussions throughout the global markets. My greatest fear is that this unprecedented level of wealth will be spent on the military. If China is unable to secure their energy needs by peaceful means, the Middle East and Siberia need to be very wary.