Dr. Marc Faber: When China Bubble would Burst? January 13, 2010

[tuzisyy]

People can say whatever they want, as long as they do not put a time on it, the statement will not be wrong!

[pradzee123]

It all makes me think, have people grown greedier and short-sighted over the last 3 decades?

[shood1943]

So China is repeating the economic errors of USA and others? Is it wise to learn from the errors of others?

[EconCat88]

The Chinese gov't will not fully report any economic downturn, but long-term the Chinese economy is bullish.

[pinoko1311]

The question is:

WHEN will china's bubble burst? cause' we have to prepare for it.

[AoEnigMoonxPhase]

Jacque Fresco- search for Venus Project & Zeitgeist movement ! A resource based Economy and NOT money/profit based economy ! Stop the greed in government ! Learn and understand about the the project ! Sign the Venus Project Petition ! Act now ! We want a NEW Change ! WE want to live in freedom !!! Links in my page! Spread the word !

[Sinisterene]

@AoEnigMoonxPhase Will people have to spend several hours in lines for these "resources"?

You could have at least pinned part of this on FIAT money enforced by legal tender laws, instead of the marxist "money is evil!" tirade.

I'm not going to get into profit because that would make your head explode.

[AoEnigMoonxPhase]

@Sinisterene Don't have get angry there ol' fellow.Yes,the change will be slow. I still reading stuff about the whole thing, but I know that capitalism is wrong & outdated/corrupted.Just go on read about it lad than arguing with meh. Sounds like u just had to throw a fist at someone.I rather live in a world of Resource Economy than slave myself to a job I don't like while I could strengthen my skills on drawing and engineering. I am hear to spread the word, that is all,u do the self-thinking ;)

[Sinisterene]

I already did the "self-thinking" and my conclusion is that penis project is just another iteration of technocrats, parroting the same concepts and ideas about economies, as if somehow, voluntary exchange isn't "enough"

What you DO have to self-think about is answering the following question: how would you keep someone that mutually and voluntarily exchanges with others from using money and/or profiting?

[AoEnigMoonxPhase]

@Sinisterene Indeed that you did the self-thinking, but just had to spute it out. Giving a fella a nice punch of your hatred towards the project, but I respect your opinion towards it bc we all have different views. Be so. If you lived in a world run by resource economy, money/profit will be irrelevant, it is pointless paper/ corrupted & outdated. There is no reasons for money when we have plenty of resource for everyone. No one is better than anyone, stealing will be meaningless. understand..

[edwinhermet]

might the best series of interviews with marc faber that i have ever seen, thanks for posting!!