I highly recommend reading for everyone, since the US and the world are in a twisted economic death grip with China. Please keep in mind Mish tends to present that gold is money, and for this reason, I try to keep skeptical of Mish's analysis. Such a fundamental wrong viewpoint (in my opinion) runs the risk he mis-analyses global currency stress.
Articles to read, in order
Speculation, Investment Scandals, Fraud, and China's Hard Landing; Miracle of Chinese High-Speed Rail will be Reduced to Dust; Peak Oil Doomsday Clock
And to my surprise, China is facing possible civil unrest?