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china is secretly bankrupt, page-35

  1. cya
    3,836 Posts.
    Ophir

    As much as you cant stand the US for its hypocriticacy , dishonesty and (all the various other items you list below)

    The Chinese government is a 100 times worse. Chinese dont won gold, oh sure a few elites do but the broad Chinese population own very little.

    A good portion of the Chinese economy simply doesn't exist, its the figment of a bureaucratic governments imagination. China has lending growth of 30% per year in the last 3 years alone. When 2008 happened it simply printed money at an extraordinary rate to keep their growth going . Every province in China is Greece or worse

    You under estimate the extent of the problem, most of the worlds economic fundamentals are much that the US. We are in
    an economic cancer ward and every economy is terminally ill.

 
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