Still China is no US, meaning the Chinese authorities seem to have unlimited "policy enforcement" capabilities of manipulating their bubbly economy.
Most of us who are trained in the west see mountains of evidence point to the brink of China's implosion. But a similar gigantic bubble existed in China in the late 1990s and early 2000s. In that case they created an even bigger bubble to wrap around it, and a seemingly unavoidable collapse was avoided.
As ever bigger bubbles keep wrapping around smaller ones, we all know it'd be a gigantic implosion when the bubble eventually busts. The question is WHEN.
Most of us who are trained in the west see mountains of evidence point to the brink of China's implosion. But a similar gigantic bubble existed in China in the late 1990s and early 2000s. In that case they created an even bigger bubble to wrap around it, and a seemingly unavoidable collapse was avoided.
As ever bigger bubbles keep wrapping around smaller ones, we all know it'd be a gigantic implosion when the bubble eventually busts. The question is WHEN.
最后编辑时间: 2011-10-18 13:51:14
