Is China Teetering On Collapse?

Discussion in 'Current Events' started by Annie, Nov 11, 2009.

  1. Annie
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    Annie Diamond Member

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    Is China headed toward collapse? - Eamon Javers - POLITICO.com

    This is disquieting:

     
  2. eagleseven
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    eagleseven Quod Erat Demonstrandum

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    Interesting proposition, and worrisome. I cannot say I would be surprised if the Chinese government was cooking its books, as it is responsible only to itself. Who would risk re-education to challenge Chinese government officials?
     
  3. Neubarth
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    Neubarth At the Ballpark July 30th

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    They have ordered their people to consume. Every home needs two television sets and three radios. Eventually the Chinese will have no further capacity to buy. Meanwhile China is shipping less and less product to American markets.
     
  4. manu1959
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    manu1959 Left Coast Isolationist

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    if china collapses our debt to them colappses with it.....total write offf.....one has to wonder if this economic "war" was created by the poers that be for just such a purpose....

    the us took out the soviet union in a similar fashion....
     
  5. Said1
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    Said1 VIP Member

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    They also spent heavily on developing 100's of new cities to support more industrial growth, drawing people out of rural areas (hopes of that is). They've also permitted 'sex shops' that now outnumber Starbucks in most major, western cities. So, I guess their is some real consumption of (government induced) commercial 'stuff'. :lol:
     
  6. Toro
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    Toro Diamond Member

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    It is possible.

    China has excess capacity in manufacturing and a rotten financial system.
     
  7. Modbert
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    Modbert Daydream Believer Supporting Member

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    And what would happen to our debt to them?
     
  8. Oddball
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    Oddball BANNED Supporting Member

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    What happened to the American debt to Japan during the lost decade?

    *poof*
     
  9. Said1
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    Said1 VIP Member

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    Duplicate thread. See China=Enron.

    Yes....MERGED.

    ~Dude
     
  10. Toro
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    Toro Diamond Member

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    Nothing.

    Why would we repudiate our own debt if they collapsed?
     

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