Use access key #2 to skip to page content.

China Collapse

Recs

8

September 01, 2010 – Comments (3)

George Friedman of Stratfor predicts that the Chinese economy will collapse in the next decade.  He is CFR,, not the typical cheerleading liar CNBC brings on.

 












To quote Gary North "his main point is correct: unemployment will create a nightmare for the government. The government already has problems controlling rioting.

This will increase, then escalate. The formula for revolution is to create hope, then not fulfill. Create a boom, and then it collapses. It will collapse. There is no way that the monetary policy can avoid an eventual bust. The reallocation of capital will be painful for investors, but catastrophic for workers."

 

3 Comments – Post Your Own

#1) On September 02, 2010 at 1:08 AM, motleyanimal (87.97) wrote:

A Book of Verses underneath the Bough,
A bowl of rice, a basket of Yuan - and Thou
Beside me singing in the Wilderness-
O, Wilderness were Paradise enow!

Some for the Glories of This World; and some
Sigh for the Prophet's Paradise to come;
Ah, take the Cash, and let the Credit go,
Nor heed the rumble of a distant Drum!

Report this comment
#2) On September 02, 2010 at 3:37 AM, throwerw (29.30) wrote:

This guy is the biggest idiot I've ever seen

Report this comment
#3) On September 27, 2010 at 5:58 AM, giangthinhsg (< 20) wrote:

This guy is right..china is inevitably heading for collaspe

China is greatest bubble waiting for burst 

Report this comment

Featured Broker Partners


Advertisement