Huh???....Look at ourselves. We are imploding a hell of a lot faster than they are.
Analyst Says China's Credit Bubble Is Unlike Anything In Modern History
When the time comes China will fly apart. The only thing holding the different regions of that country together has been the party and more recently the economy. Historically, they haven’t had much more than that in common.
China and the USA... on a fast paced mission who can go down the crapper the fastest..
Many American companies that made decisions to do business with Wal-Mart ended up in bankruptcy when they became too dependent on Wal- Mart business.
Wal-Mart is doing the same to Chinese companies.
I just hope this doesn’t put a damper on the rise of Christianity in China.
chicom bump for later.....
Look at the US. Our government is able to sustain a bubble and put off the day of reckoning. I would expect a communist nation can prolong it even longer. Not saying china won’t crash further but that the chi-coms can somewhat muffle the damage. Also the china stock market has been kind of rocky for a number of years so some of this is built into market projections.
So what?
Nothing continues for ever. A downturn is as sure as the sun rising in the morning. Predicting a downturn is as easy as falling off a log
Communist China is proving that Free Trade does not work.
Free Trade is the Global Warming of Economics