China and the Doomsday Scenario for Europe

[Bevo Incognito]

Man, we seem to be on the verge of a pretty major torch-passing:


The Link

 

[Giovanni Jones]

If it's not already in progress.
The Link

In reply to:

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[huisache]

China is a bubble of such proportions that when it pops it is going to explode the whole country. No country can maintain a growth rate like the one they have had and nobody can continue to build infrastructure which has no purpose other than to provide work so people don't riot.

The place is riddled with bribery and corruption and they cook their numbers bigtime. It will crash and when it does it is going to be a major mess.

Controlled economies can only work for a while and then boom.

China is not immune from reality.

 

[Bevo Incognito]

That is a great editorial, Giovanni Jones.

I just ordered the author's book off of Amazon.