Chang: Chinese Collapse Coming

[53fd]

3...2...1... China has collapsed.

 

[Nelson]

Hitler don't like Jews, but not to the extent a British film has portrayed. He didn't order the Jews to be gassed, I think it's probably himler(spelling?). you know what I am saying?

Himmler got the approval from Hitler. You know what I'm saying?

 

[gambit]

Hitler don't like Jews, but not to the extent a British film has portrayed. He didn't order the Jews to be gassed, I think it's probably himler(spelling?). you know what I am saying?

Himmler got the approval from Hitler. You know what I'm saying?

I think it is pretty funny this 12 yr old is trying to talk like a 'gangsta'.

 

[SinoChallenger]

If the Chinese stops now, they won't collapse, however, they will have serious political problems. but if US & China are both playing number games by doing virtual economy, and you will eventually hear a big bang. You know what I am saying? You can't run a healthy economy by printing money. You know what I am saying? Eventually, you will have to PAY.

You've hit the nail on the head. China is in for a period of adjustment. This adjustment is necessary because of the unbalanced global economy based on over-consumption by USA and Europe and too much credit.

Adjustment is good. Bursting the housing bubble in China is good. This does not mean a China collapse.

 

[isro2222]

China was growing and usa wasn't but after bin laden got killed china feeling the heat.... America was busy in war against terror.... But now their focus is on china.... Yep china would decline now.... China already feeling the heat.... Collapse will come soon as america now Free and already set the eyes on china....

 

[beijingwalker]

China was growing and usa wasn't but after bin laden got killed china feeling the heat.... America was busy in war against terror.... But now their focus is on china.... Yep china would decline now.... China already feeling the heat.... Collapse will come soon as america now Free and already set the eyes on china....

haha ,US would collapsed much sooner than China.

 

[illusion8]

I read somewhere in 2005 that China would collapse within 12 months.

 

[IndoCarib]

China economist sees growth slowing to 6%-7% - MarketWatch

 

[Pakchina]

China collapsing has been around since 1989 and even more since 1993 when China witnessed record economic growth. The Economist and other journals, reputed economists had also predicted Chinese collapse. The reputed western economists and financial analysts had even published serious articles with econometric analysis demonstrating that China would collapse in 2005, 2006 etc and 2010. They had also forecasted that India would surpass China by 2005 as Chinese economy is based on export and infrastructure building while Indian economy is more robust. The real estate bubble would also lead to China's collapse in 2008, 2009, 2010 and early 2011 and now they have postponed it to end of December 2011. In reality they have never predicted the collapse of the EU, Greece, Spain, Italy, Iceland, Ireland, Uk and now France. Then Governments in Greece, Italy and Spain have also been thrown away. They have have not predicted also the collapse of US war mongering and war criminals. While India is still lagging well behind China and has witnessed a record economic slowdown since 2005. On the other hand China is still going strong.

 

[Chogy]

All these talks of "collapse" are silly. The only large nation that collapsed was the collective known as the USSR, and they collapsed because their economy was too far removed from free-market basics - the essential notion that private property and ownership is very motivating for people.

Large economies cycle. Right now the U.S. is re-trenching, China is growing. Most people here are too young to remember the period of time when it looked like Japan was going to take over the world, economically. The Japanese were purchasing skyscrapers in New York. They appeared unstoppable. Yet their phenomenal growth slowed, then reversed. No economy can sustain massive growth non-stop. But Japan didn't "collapse", they adjusted.

China didn't collapse in 2006. The reforms China made in their economic model has paid dividends. America will not collapse in 2012, either. Any system where people generally work hard and can keep and enjoy the fruits of their labor, is going to progress. The time to worry is when people decide they deserve all of the good things in life without working. There is this odd notion that "Because I am alive and breathing, I deserve housing, food, a car, free medical care from cradle to grave. Without working hard."

 

[gpit]

China economist sees growth slowing to 6%-7% - MarketWatch

Dude, why the heck do you want to bust the poster of collapsing?

He wants collaps, but you debunked him with prediction of growth.

A lame helper.

 

[Chogy]

Me? I simply spoke a generalized truth about market economies. I don't have an agenda.

 

[aristocrat]

Even i am now tired of these Chinese collapse stories...............

 

[lemurian]

While India is still lagging well behind China and has witnessed a record economic slowdown since 2005. On the other hand China is still going strong.

2006-9.3
2007- 9.8
2008-4.9
2009- 9.1
2010- 9.7

GDP growth (annual %) | Data | Table

 

[Chogy]

2006-9.3
2007- 9.8
2008-4.9
2009- 9.1
2010- 9.7

And you'll probably see future data like...

2011 - 9.3
2012 - 6.5
2012 - 3.2
2013 - 4.8
2014 - 6.5

It goes up and down in a ragged sine wave. Collapse happens when you enter extreme and sustained negative growth numbers.

It's actually unhealthy for an economy to grow too quickly. That sounds counterintuitive, but it's true. Slow and steady wins the race.

Here's a chart of YoY USA GDP growth. There are periods where it dips below zero, but the general trend is GDP growth on the order of 3% to 4% a year. 2009 was a particularly bad year. But collapse? Hardly. Note we've been there before in 49, 54, 75, 83, and 1991.