Jim Rogers on the China Bubble
Top Comments
All Comments (155)
-
@johnnyDgoode are you kidding the USA interferes in markets all the time, ever heard of the plunge protection team ?
-
What Jim Rogers says is just common sense. The Keynesians and monetarists love to clothe their backwards opinions behind mathematical equations and models that don't relate to reality. Governments love what they prescribe, and when it doesn't work the Krugmans of the world fall back on the same story: "we didn't spend enough." I'd love to see Krugman's household finances if that's how he thinks!
-
As long as China's economy is based on being an export juggernaut then it will never truly be stable. :P
Really though if they were that big of a problem the US would do business with someone else. Most of China's income originates from the USA.
-
recovery will be n shaped
-
China WILL have recessions, the same as any rising nation!
-
If there's a bubble, the control has already been lost. Governments only try to make the bubble last as long as they can.
-
@mauiwowi how so
-
The message the chinese govt is sending to it's people bascially is that if you want to specuate or gamble on the housing market, use your own money instead of borrowing from the banks.
-
Unlike the US, Chinese govt does intervene the markets from time to time as they see fit, especially the housing markets. The housing market in China has appreciated more than 200% in the last 5 years which is very much like the US in 2007. This was also caused by excessive speculation of the market by speculators. Now the Chinese govt is stepping in with new rules to control the speculation before the bubble gets out of control.
the whole clean energy is one big scheme imo
world is not ready for this type of energy
mauiwowi 2 years ago 5
And no China, you can't get away with the same dumbass real estate speculation that failed in the US.
baigandine 1 year ago 4