Hugh Hendry 2009-01-12 (4/6)
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2.5% points of 12% growth in 2007? He totally misses Hugh's point about real estate bubble. The bulk of other 10% is mostly construction investment.
davylee88 1 year ago
China's export DOWN 26% for the month of February .
OOOOOOOOOOOOUCHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!
ilovefiatmoney 2 years ago
Lets have a look at 2002 figures. China's GDP growth was 8% that year. China's surplus with the US was 7% of GDP.
So once again you have no clue. Go have a look at Japan and the deflation that has been going on there for over a decade.
THATS WHATS COMING TO CHINA!!!
rangerstrider26 2 years ago
why are 100,000 factories closing in China this year?
Please you ignorant little tool take that dick out of your ass and put it in your mouth because when you speak you make no sense.
rangerstrider26 2 years ago
LOL. Looks like you are the one who has absolutely no clue at all. All these points you made should be referred to the US (except for overcapacity and overproduction), not China. Please do more research and check your facts before making yourself a fool.
nemnaisa 2 years ago
Fat Guy in the middle has no clue.
China has a bubble economy. They are living on credit creation. Loan growth in that country is close to 50%. When credit contracts you get deflation. China has overcapacity and overproduction. Their banks are insolvent. The only down side to this is that they are probably going to sell dollars in the coming years as the deflation worsens. Not good for americans.
rangerstrider26 2 years ago
8 to 9% for China? Huh?
I wonder if we get a negative number...
GreenrushCapital 3 years ago