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China's Next Bubble

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Uploaded by on Mar 22, 2010

Local governments are looking scarily like Greece, California and Enron.

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News & Politics

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  • 1. China is not actually a true communism, it haven't been for a very long time. We just call them communist because that is what the party's name is.

    2. Capitalism is not the best economic model, it is the least bad economic model. People always get this wrong, there are currently no good economic model. The only thing that keeps capitalism going is the government regulation (i.e mild socialism). So we are really hybrid economy in technicality.

  • wake up people. communism simply doesnt work. its not working in china. they are about to go under economically. the ccp is sweating bullets. there time is short. they know it. but those bastards are too arrogant to admit it. case in point look at taiwan a far more lucratrive and stable economy than the mainland. imagine if the kmt, along with the dpp were running a democratic china on the mainland like taiwan. the mainland would be a very large taiwan in about 10 years or less.

  • @watup2154 theres nothing wrong with capitalism. its the corrupt, greedy people who run it. there the problem. it needs honest people to run it. got any?? apparantly nobody else does either. diagones spent his life searching with his lantern, for one honest man and never found one. and he lived a long life.

  • Yet another ENRON is here ---- I wonder if Capitalism Worth it

  • Yet Another Jewish Bitchy propaganda channel

  • It is probally going to happen except their market is made differently so when it does you don't know the timing so much, also it would be smart for big financiers not to put any money in their currency and try to engineer a failure, because like who knows right?

  • at least with fox news you get a blonde with big tits

  • ask transparency from government, is like ask skin from tiger, this government is total corrupted with no way to turn back, the only thing they do know is trying everything to cover up the truth from people, and prolong their inevitable death.

    what a pity. i sense more and more local people see through the lies.

  • lol just get the corrupted money and use it to pay the debt, i am sure we have hell lot more than the debt in black money.

    and wtf is up with keep on showing hong kong; that's not china

  • yes...and whole cities are sitting empty, bought as investments, no one can aford to live in them...Search "China's Next Bubble # of units empty".

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