I tend to think that the Chines bubble will burst within ten years. But in the meantime, they will reign over a trash heap of a world economy in days to come. In other words, the man with one eye reigns as king in the land of the blind sort of thing… You can only build so many distribution centers (ie, Walmarts, Targets, etc.) in this country and wipe out the competition, before consumers run out of credit/cash for Chinese products.

The Chinese have a centrally- planned Soviet style economy playing a shell game with their currency like the Soviets. The difference is, the Soviets were not an open trader with the rest of the world and the Ruble was never traded. You could only do product exchanges with the Soviets like vodka for grain.

China has good cash flow but no underlying equity. They are a crap producing nation with a crap equity underpinning.
When their businesses fail, a state owned bank fails as well. They then transfer the bad debt to another state owned bank and keep the ruse going. Sound familiar?

Nearly all the major producers in China are crony communists. None of them have a clue how to run businesses in a market economy, so they instead enslave their people by paying slave wages in factory jobs to undercut prices in world markets. The Chinese marketing strategy is to make something for $5 sell it for $3 and make up the difference with volume. That's a hell of a way to run a railroad. Great cash flow, no profit, paper over the losses.

There is tremendous social unrest in China now because younger Chinese are tired of being factory slaves for the western world. They are going to have a major meltdown at some time in the near future.

Will we be able to pick up the pieces & regain our rightful place on the world economic stage after this happens?
Stay tuned.

same Bat time... same Bat channel.... 😟

At least it's not the japs this time

Look, as long as the eggrolls are still being made we're okay.

S hity wok wat yo odo?

'Thoughts on the Chinese economy during a work lull... '


I normally think about boobs..... 😟

"The mind is everything. What you think you become ” ~~~ Buddha

Buddha gonna turn brother DMV into an eggroll?

Chinese economy also has the problem of constantly finding employment for an ever increasing workforce. They've tried tempering this by forcing people to stay in rural areas.

On the bright side if you need you appendix removed you can go to chinese prison. Down side they take your eyeballs, kidneys, lungs, liver and heart when you have an "accident".

What will sustain the slopes over the ruskies is the fact that they are a farming people that have been used being ruled by tyranny for a very long time. Where as the ruskies got hungry.

a slope ?
what dat is ?
#-o

When China Breaks up the Middle East will look like Sesame Street..

I agree. If China goes into a panic...we are in trouble.

anyone else here like Wor Shu Op ?