Chinese economy ready to 'blow up' - Mish Shedlock

[T0B0KKE]

Almost two years ago and China didn't blow up like this guy predicted... I'm getting sick of conspiracy theorists thinking they're too smart and that the people in charge don't see this stuff coming up too and will sit back and do nothing. Errr..

[lai999]

Mike, you are right. Blow up and then grow even stronger.

[delyshBB]

I so far agreed with Mish, but the reason why China will implode is because they don't want a recession that would make the economy restructure from the export led growth model. It's obvious that the RMB is undervalued due to the Chinese productive capacity and that the Chinese would consume a lot more if the RMB floated. But that would require a recession, which would lead to riots.

[davidlee110]

China + Communist = Crash

[gudi1982]

@davidlee110 can't believe you still think China is a communism country in 2010

[lastmohicanfromchina]

total agree, as a local chinese, i am so surprised that you have such deep observation of china reality. those big financial firm will never dare to speak out the truth, since they have so much to lose by speaking out the truth, buy u are bravo

[zeusvalentine]

@lastmohicanfromchina

is China economy in a Bubble?

[krislyttle]

Sounds like a capitalist version of "The Great Leap Forward"

The question now is if this really is a great (or not so great) leap forward this time around, or.....?

[paulie906]

if you think the australian prime minister,being able,to speak fluent chinese is just a coincidence.think again.

[hkrainman]

China own you!