Article

2016-09-20 China-Japan-Koreas

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Steve White 2016-09-20 00:00|| || Front Page|| [2 views ] Top
File under: Commies

#1 This has been talked about for at least a decade.

The thing to remember is the longer it goes on, the bigger the crash when it happens.

Posted by phil_b 2016-09-20 04:56|| 2016-09-20 04:56|| Front Page Top

#2 China been facing a "full-blown banking crisis" for decades --- I don't think they've read the same economics books as the rest of world leaders (just as Chinese astrology is different from the Western one).

Posted by g(r)omgoru 2016-09-20 06:24|| 2016-09-20 06:24|| Front Page Top

#3 It doesn't have to be a crash. It can manifest as a long slow slide. I would think that the government form can have a large effect.

See also Japan.

Posted by AlanC 2016-09-20 07:56|| 2016-09-20 07:56|| Front Page Top

#4 China has a lot of paper money to cover up the cracks in its system.

Only problem is, they are starting to run out of cash. A couple years from now, if things stay the same will get very interesting.

Posted by DarthVader 2016-09-20 09:47|| 2016-09-20 09:47|| Front Page Top

#5 It doesn't have to be a crash. It can manifest as a long slow slide.

The thing about China is that there is huge amounts of middle class money chasing too few real investment opportunities, and much of goes into what are little more than leveraged ponzi schemes. Everyone will rush for the exits at the same time, and default on loans at the same time.

The government will flood the system with printed money, but that will crash the Yuan, making everyone else very unhappy.

Posted by phil_b 2016-09-20 17:52|| 2016-09-20 17:52|| Front Page Top

#6 An example is large numbers of couples getting divorced in order to facilitate buying a second home. With borrowed money of course.

Posted by phil_b 2016-09-20 20:30|| 2016-09-20 20:30|| Front Page Top

23:58 Crusader
23:56 Crusader
23:52 Crusader
23:45 Crusader
23:08 rjschwarz
23:04 rjschwarz
22:14 Percy Crusogum9777
21:41 Frank G
21:34 Frank G
21:21 Frank G
20:54 SteveS
20:37 Frank G
20:30 phil_b
20:12 Pappy
19:58 Pappy
19:49 Iblis
19:41 BrerRabbit
19:41 BrerRabbit
19:08 Deacon Blues
18:36 Charles
18:07 Crusader
18:06 Procopius2k
18:01 Crusader
18:00 Crusader