Does this factor scare anyone else for the economy, housing, markets, wars, etc.? Would love to hear thoughts?
Disclaimer: The idea of China and the Olympic thing is not my idea, someone else on FR mentioned it but it has gnawed at me for a long time and seemed very relevant. Hat tip to ? for being so forward looking.
If the US economy goes into recession then China has a real problem on its hands. Demand for goods produced in China will fall and since they are in hypergrowth mode their economy will crash. Should that happen they run the risk of widespread domestic unrest which will certainly keep the leadership awake at night.