I want to see a dual china-us collapse the way I want to see the worlds nuclear arsenal explode at the same time.
Checked and there is nothing on this yet so if I'm wrong, don't shot the messenger!
First, there was Greece, now it is reported that the Steaming Chinese economy has taken a "much shaper downturn". http://www.msnbc.msn.com/id/47561828...s-us_business/
Basically, exports are down and Chinese absolutely depends on exports to survive, investments are down, and building are drying up. This time, it's even affecting the interior of the country when it usually just affect the coastal regions such as Shanghai.So, if the the Chinese economy goes down south, what does this means for us? For the world? Just remember, China buy a sh!t ton alot of our paper.
I want to see a dual china-us collapse the way I want to see the worlds nuclear arsenal explode at the same time.
Here's some food for thought: http://www.foreignpolicy.com/article...a_2012_edition
If they do...
China: Hey America! How's it going? Hey I know its a bad time and everything but about these bonds....
America: What are those?
China still has more options than the US.......the biggest issue on the mind of the Chinese mafia called government is maintaining the promise of growth/employment in exchange for them being allowed to rob and financially rape the country.
China has more options and FAR faster speed of implementation......but they will not be immune from big problems.
Yeah, Chinese "elites" rob and rape their fellow countrymen financially. But what is the difference of that from the 0.1 percent-er in the U.S., or anywhere in the rest of the world? At least the Chinese "elites" are trying to grow the economy, unlike in some other countries where there is only bickering based on party politics.
Hence the huge spend up by the Chinese government on internal security while we argue about its carrier.
But understand that if China's totalitarian leadership fails tp.achieve sufficient growth to turn enough poor dirt farmers into working class factory workers then China's mafia has some super sized problems.
Economic growth and an iron fist are the only things that matter.