[Nifster]

I guess The one wants us to become more like china.....

[Red Badger]

Massive loans to finance infrastructure and create jobs........hmmmmm....where have I heard that before?.......

[Sirius Lee]

Chinese banks have rolled over at least three-quarters of all loans to local governments that were due to mature by the end of 2012

I guess that when you can threaten to kill the banksters and their families for failure to comply it's easier to get your roll over.

[allendale]

China is sitting on the grandaddy of all real estate bubbles.The government directly and indirectly committed hundreds of billions of dollars to build entire cities of apartments, retail and office space. They sit empty and are depreciating before they are even occupied. There has been no return on the capital.Real estate in urban areas,upon which huge private loans and mortgages are secured, are very overvalued.Capital has been squandered. If that bubble bursts, their economy will tailspin. It could lead to political, social instability, famine and possibly war.

[sergeantdave]

The ChiComm apes can’t anneal a bolt. Based on that, why would anyone think that the commie apes can count money?

The entire ChiComm ape financial system has been in a total state of collapse since 2010. The ChiComms lost their private equity yuan funds back in August, 2012.

Blub! Blub!