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gwb-trading

Registered: Jan 2002
Posts: 1652

07-11-12 03:20 PM

Has the dreaded China crash finally arrived?
http://news.yahoo.com/dreaded-china...-114500101.html

China's leaders are warning that the country, a reliable engine for the global economy in recent years, is facing "huge downward pressure".

(more at url)

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newguy05

Registered: Oct 2007
Posts: 1762

07-11-12 04:13 PM

Not yet.

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Random.Capital

Registered: Jan 2005
Posts: 3848

07-11-12 04:57 PM

The crash won't come until they think they've successfully avoided the crash.

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trefoil

Registered: Mar 2007
Posts: 3382

07-12-12 02:09 AM

Quote from Random.Capital:

The crash won't come until they think they've successfully avoided the crash.

Heh.
Just like over here, remember The Great Moderation?
Difference is over there there'll be massive rivers of blood when it really does happen. I'm targeting sometime around 2020 for the big one, margin of error about three years on either side of that.

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oldtime

Registered: Jun 2011
Posts: 7307

07-12-12 03:50 AM

"Crash" is just a western word

they've been at this a lot longer than we have

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clacy

Registered: Sep 2006
Posts: 2378

07-12-12 04:26 AM

They are a HUGE net exporter, with very little consumption in the middle of a world wide race to devalue currencies.

They have pumped and stimulated, built empty cities, and roads to nowhere as most Central Planned states do (USSR). Their crash is inevitable, IMO.

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