Marc Faber - Chinese Collapse Coming

For the latest Marc Faber, go to http://MarcFaberBlog.com -

It is true that we have a credit bubble in China. They also have a huge stimulus package. However, you have to put in in perspective compared to the United States. China has a debt load of 50% of GDP, and in the US it is 600% GDP. The Chinese use their credit to build things. They have built exports and infrastructure. The United States has used their credit for consumption.

The Federal Reserve maintains that there has been no inflation in the US. Their policies encourage consumption in the US, and it has created bubbles all over the world. Sometimes even if you are right, it can take 6 months to 3 years or longer for that prediction to come true. There is a high likelihood that China implodes at some point, and that will have an impact on the rest of the emerging world.

Category:

News & Politics

Tags:

• Marc Faber
• Investing
• Treasuries
• Government Bankrupt
• Financial Collapse
• Economic Collapse
• Financial Crisis
• Economic Crisis
• Gold
• Silver
• Dollar
• Federal Reserve
• ron paul
• john stossel
• judge napolitano
• inflation
• hyperinflation
• interest rates
• capitalism
• free markets
• tom woods
• austrian economics
• china
• gdp

[nelsonsim]

@monicablowsclinton. Do you think poor America can afford to buy its own debt? They look like collapsing.

[monicablowsclinton]

@DontTreadOnMe213 HA HA HA HA HA HA HA HA HA HA you have shit for brain, if China GDP grow only 5% each and every year, China will surpass usa in less then 20 years. With China going upswing and usa going opposite direction, it will just accelerate the process. poor americans.

[fightfeces]

intellect is NOT technology. do not think because USA has this weapon or that we are smarter. China knew at least 1500 years ago the FOLLY of the weapons race. That is why they invented gunpowder but NOT the gun. Just like a Child: intelligence is not what the child DOES. It is what the child knows NOT to do. THAT is China.

[fightfeces]

China must be respected exactly as you are supposed to respect your own body. It does not mean you like it or even think it looks good. The Sun will NOT Shine until Occidentals learn and practice the concept of "kowtow" best they can. Kowtow is NOT bowing. Kowtow represents all of Humanity past/present/future. Once we Upgrade the Word and RESPECT China.... Sun will Shine Forever. Why? China invented human intellect. They own it and pass it via the pictolanguage.

[daltonagre]

Astrologers have better skills about the future, than economists. I live in Brazil.

[jnefory]

@DontTreadOnMe213 Palm face...please, whenever you talk about poverty, check UN's data. You need to use universal standard when evaluating other countries, not some U.S standard. I mean if you apply Qatar's poverty line (if they do have one) to U.S., half of the U.S population can easily go below it.

[ChineseSlaves]

yeah China's gonna collapse, and then Americans don't need to pay their debts, horay!

[ChineseSlaves]

@DontTreadOnMe213 70 percent Chinese people have no access to clean air or water. that's ridiculous. have u ever been to China?

[spurksterly]

Nice poor americans created youtube for you... stupid fucking prick...

[monicablowsclinton]

@DontTreadOnMe213 Chinese people live within their means, americans are living off of money from mighty China. Big difference. USA is a welfare country. USA is collapse coming real soon..