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China-geddon: A China crash will be scarier than Europe
Firstpost ^
| 12/02/11
| Venky Vembu
Posted on 12/07/2011 11:52:05 AM PST by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
2
posted on
12/07/2011 11:53:24 AM PST
by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: TigerLikesRooster
3
posted on
12/07/2011 11:56:58 AM PST
by
April Lexington
(Study the Constitution so you know what they are taking away!)
To: TigerLikesRooster
I realy, realy hope this isn’t true...
4
posted on
12/07/2011 11:57:43 AM PST
by
April Lexington
(Study the Constitution so you know what they are taking away!)
To: TigerLikesRooster
what bs
the majority of china is dirt poor. a ‘crash’ would effect a small portion of their population.
BUT, unlike the US, they have a manufacturing base through which to climb out
we don’t
5
posted on
12/07/2011 11:58:33 AM PST
by
sten
(fighting tyranny never goes out of style)
To: TigerLikesRooster
Bad news; China is way to big to be bailed out.
Good news; that fact is so obvious that not even the idiots at the Fed will try.
Bad news; China's collapse will raise the prices of nearly every manufactured good in the US.
Good news; With no alternative the US manufacturing and energy sectors will of necessity rebound. Bare, cruel and unavoidable necessity will drive out the EPA regulators, Union bosses and free trade traitors. It is chemotherapy for the US economy. It will make us sick as hell in the short run. But it will kill the cancer of progressives long before the body of the USA succumbs. And free of the progressive parasite we will rebound much faster.
6
posted on
12/07/2011 12:02:47 PM PST
by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: April Lexington
When Japanese economy crashed, it took a couple of years for people to realize that it had indeed done so. We will see the same response when China does. First they say it is not a hard landing but soft one. Then they say it may be serious but China will rebound in a short time. Next the spin is that it may not improve soon but could be managed for a while until the eventual turnaround happens. Then full-scale riots and political turmoil hits and spins will abruptly stop. Finally they will say they have known this all along despite their dismal track record to the contrary.
7
posted on
12/07/2011 12:04:41 PM PST
by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: TigersEye
8
posted on
12/07/2011 12:06:04 PM PST
by
Army Air Corps
(Four fried chickens and a coke)
To: TigerLikesRooster
With China’s history of revolution, this might not end well...
9
posted on
12/07/2011 12:07:16 PM PST
by
April Lexington
(Study the Constitution so you know what they are taking away!)
To: TigerLikesRooster
If China's economy dumps so goes WalMart and Target. Darn, US business may have to start making stuff again.
To: April Lexington
China could show what the ‘full-scale’ unrest really means. It is not impossible that folks in other countries stop their rioting for the moment and watch China’s scale of unrest in awe.
11
posted on
12/07/2011 12:10:17 PM PST
by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: TigerLikesRooster
I read some strategic assessment somewhere that said one of the most probable places for a limited nuclear exchange is a Chinese civil war.
12
posted on
12/07/2011 12:12:17 PM PST
by
redpoll
To: drypowder
From the global point of view, no real recovery would start until both U.S. and China hit bottom, and EU along the way. Of course, between the crash bottom and recovery, we could see major wars breaking out.
13
posted on
12/07/2011 12:13:25 PM PST
by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: TigerLikesRooster
I'm sick of hearing about all these bubbles and potential crashes. Much of it is based on worthless paper and even more worthless derivatives.
Let let them play themselves out and start the hell over.[without all the games]
14
posted on
12/07/2011 12:14:48 PM PST
by
wolfcreek
(Perry to Obama: Adios, MOFO!)
To: TigerLikesRooster
China dealing with an economic collapse is nothing but good news for her neighbors.
15
posted on
12/07/2011 12:21:40 PM PST
by
MeganC
(No way in Hell am I voting for Mitt Romney. Not now, not ever. Deal with it.)
To: TigerLikesRooster
China is an empire. As such, they are subject to the insurrectionist forces normal empires generally face.
Question I’d like answered is what does it cost the Central Government to garrison all of its territories.
The Mongolians can’t stand the Chinese. We know where Tibet stands, but we also know that Tibet is the one thing they will die holding onto (this is where all the water is).
Russia’s election was eye opening. Assad’s in trouble in Syria. Whither China?
You have to wonder whether China will look to be thrown into the briar patch like the USSR was. True, the USSR flew apart. However, Russia was then no longer obligated to prop up all of the satellites and territories. The cost of running the empire went down, since the cost of support was baked into the benefits of ‘freedom’ for the satellites and territories.
That the freedom only SORT of came to Ukraine and others is the best part for Russia. They can meddle at no charge in their sphere of influence.
Maybe China learns from this and cuts some of its ‘losers’.
16
posted on
12/07/2011 12:22:08 PM PST
by
RinaseaofDs
(Does beheading qualify as 'breaking my back', in the Jeffersonian sense of the expression?)
To: sten
There was a show on the travel channel last year called “An Idiot Abroad.” Ricky Gervais sent a friend of his, Karl Pilkington, to a different country each week to see the seven wonders of the world. One of the episodes was in China. If you can find it, watch it. China is a house of cards built ten times higher than anything anywhere else in the world.
They have a huge peasant population. Every time a farmer gets a tractor, fifty peasants are instantly unemployed and head towards the cities looking for work. They need to find jobs for millions of them every year and now they can’t. The government is trying to prevent peasants from entering the cities looking for work. It is, in the long run, untenable.
To: TigerLikesRooster
The Chinese Government owns everything including labor. The communists in power just drop wages, raise the price of food and shelter for the public and print money when necessary.
That’s the ticket!
18
posted on
12/07/2011 12:25:39 PM PST
by
sodpoodle
( Newter the Democrats and newtralize the RINOS - the Senate, House & WHouse)
To: TigerLikesRooster
It looks like China is trying to do to us what we did to the USSR...ie; bring us down financially. They may have bitten off more than they can chew, especially if we unload that anchor on our economy currently situated at 1600 Pa. Ave.
19
posted on
12/07/2011 12:26:05 PM PST
by
Don Corleone
("Oil the gun..eat the cannoli. Take it to the Mattress.")
To: TigerLikesRooster
The China myth is bigger than the Japan myth ever was. The reason for it is so liberals can speak dreamily about the China “miracle”. Somebody’s roosts are coming home to chickens.
20
posted on
12/07/2011 12:31:44 PM PST
by
Da Bilge Troll
(Defeatism is not a winning strategy!)
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