China?s roaring demand for Australian commodities is often credited with saving Australia from the worst of the Global Financial Crisis. But this demand is from a centrally planned economy that can hide its errors and cover up its distortions for much longer than a standard capitalist society.
This exclusive Money Morning report reveals the real state of China?s economy, and why its perpetual growth is a dangerous assumption for the Australian government, consumers and investors to rely on. Why Australia?s resources boom could come to a wealth-destroying halt in 2011 How an economic slowdown in China could tank the Aussie dollar, stock market, house prices, interest rates, employment and the investments you thought were safe bets Why the common denominator in all economic crashes is debt? and China is up to their eyeballs in it!
Why Australia?s resources boom could come to a wealth-destroying halt in 2011 How an economic slowdown in China could tank the Aussie dollar, stock market, house prices, interest rates, employment and the investments you thought were safe bets Why the common denominator in all economic crashes is debt? and China is up to their eyeballs in it!
