Marc Faber on China Bubble

more Marc Faber Interviews at http://www.MarcFaber.tk
also the blog http://marcfaberchannel.blogspot.com

Category:

News & Politics

Tags:

• marc
• faber
• Peter
• Schiff
• economy
• crisis
• collapse
• financial
• meltdown
• dollar
• jim
• rogers
• alex
• jones
• max
• keiser
• gerald
• celente
• dubai
• goerge4title
• nufffrespect
• peterschiffchannel
• peterschiff

[topkualamu166461]

the epic centre will start from us and spread all over, anyone with a sound mind can see that, gear up to defense for the us collapse

[Knossos22]

When someone say "efficient" it makes them sound intelligent. However, increasing efficiency is one of the death nails for capitalism and the global economy. Increased efficiency means more production with less labor. Competition drives margins lower. No one can compete. Lower wages follow. Fewer people are making enough money. Debt grows, wages fall. What happens? Fewer people can afford to buy what "efficient" factories make. Labor is (people are) devalued. The process will end in collapse.

[vidkid1]

Really it's impossible to call. Keep in mind that China has a lot more financial controls in place than just about any other country. Also keep in mind that the media in China is controlled by the government. Provinces are given annual and quarterly GDP targets and they just cook the books to get the bottom line. Even if its a "house of cards" what's going to make it fall? The government will just keep on lying to keep things moving their way.

[TheLoyalOfficer]

Dubai? Give me a break! It's a couple of thousand people on an island of oil!

Stick to China!

[Tobacc0]

China is the world's largest carbon polluter but only has 2nd biggest GDP (3x smaller than the US). So they are burning more petrol/coal/gas than the US to produce only 1/3 the output. It's only the lack of a large enough, cheaper, urbanised competitor that they stay alive economically. Today, it's "China" but when the boom busts you'll see hundreds of regions and businesses splinter off internally with govt blessings dumping pooled debt onto the peons just like the financials did in the US.

[badsign1980]

they got to have something in china, they got to have a dog on this fight... how is china different from malasya? vietnam? 90%of quality products thery make are western companies that moved there like they can move anywhere, so, rogers said its peoples atitude, well maybe hes talking people about 0 rights,they know if they dont work like machines there many more people starving that will take any job, is this the world we want to in west? low quality, is it worth living?so these bastards make $?

[badsign1980]

a country to get high standarts of living needs only land with resources, 15 million to 50 million ppl with high education organized infraestructure good historic industrial base, law and freedom, china only was slave workers, this will cause a resource holocaust in planet, if usa sucked all the resources made wars and screw everybody undermining their own democracy freedom, standarts of living, just to keep their quality life, imagine china... weight will be unberable on us all-slavery

[badsign1980]

trying to convince everyone to move to china to cause usa eu collpase and they know china is too heavy and only was slave work to really offer they are causing the collpase by pulling investments from west and will cause total collpapse of china because china simply was too many people its unbereable, even if they produced all the goods in planet they would still be poor, and the ones they produced they dont respect any minimum quality norms and products suck, usa corp- slave workers.

[badsign1980]

jim rogers is really smart... a genius right, a country that dosent have almost any resources with 1.2 billion ppl 500 million living with 2 dollars a day, with chinese companies that manufacture shit outsourcing already in vietnam, with constant 13 growth a year, witch is unberable even if whole china working prudcing there would be enough people to buy it, or wanting it really, on planet or resources to feed them in food and high standart living, they want china in debt, faber etc all on it

[gingergiblet]

0:14 - 0:17

Confirmed Reptilian overlord