"common denominator in all economic crashes is debt? and China is up to their eyeballs in it!"
China is the world largest creditor nation.
Chinese citizens have savings hidden under every mattress.
When the Chinese Yuan is no longer artificially suppressed, the buying power of china will be fantastic.
All Chinese saving will be worth more.
All Chinese wages will be worth more.
When Chinese consumers really start buying, because they are no longer being restricted by a low currency peg of the central planners, china will not suffer a recession!
