is China in Big trouble?

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  1. #1

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    is China in Big trouble?

    I’ve already pointed out that until now China has been able to defy the doomsayers. So you might be tempted to give Chinese policymakers the benefit of the doubt, and assume that they’ll manage to deal with this situation. It turns out, however, that they haven’t really been dealing with their economy’s underlying problems, they’ve been masking those problems by creating a housing bubble that will ultimately magnify the problem.
    https://www.nytimes.com/2021/10/22/o...e-economy.html

  2. #2

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    Everywhere in the world bubbles have been created to push the fundamental problems down the road.. starting very much from alan greenspan, which he pretty much admitted after he stepped down.

    So it will be one bigger bubble after another, until a time when one of the bubble somewhere cannot achieve that kicking the can act, then the sh*t will hit the fan...


  3. #3

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    would the Lost Decades (similar to the ones in Japan) happen in China?


  4. #4

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    Quote Originally Posted by freeier:
    starting very much from alan greenspan, which he pretty much admitted after he stepped down.
    Alan Greenspan? Try Emperor Nero! If not before...

  5. #5

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    Quote Originally Posted by GentleGeorge:
    Alan Greenspan? Try Emperor Nero! If not before...
    well, at one time paul volcker did broke the chain and brought interest rate up ...