OT - China: the world’s next great economic crash?
 

Too_Many_Tools wrote:
And if so, how will it affect the United States and the World?

Your opinion?
First, I know NOTHING! But, it just seems that
any economy growing
at such insane rates, for so long, has to come to
a pause. China
has no experience handling these things, and
obviously, even though
we DO have experience in the US, we don't often
handle them real
well, either. It seems the Chinese have built a
house of cards just
like we did, and it may be that the only thing
propping them up is
a huge cash inflow from the US and other
countries. It shouldn't take
all that much fluctuation in that inflow to maybe
start something that
can't be stopped.

That report confirms what I've been
suspecting/expecting for several
years now - a big bubble.

Jon