Quote:
Originally Posted by bronco67
Why didn't anyone believe they were a paper tiger? Who else builds extravagant ghost cities with no inhabitants?
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Listen dude, there's no mirage - every fucking thing is made in China. The easy test is just to go your desk and look under everything from the computer mouse to the router to the power plug to the flash memory to the mouse mat to the pens and so on - MADE IN CHINA.
But no doubt, the HUMONGOUS (assuming I spelt it right) credit bubble over there is melting down and is a REALLY serious problem. So China is heading for a proper crisis in one form or another.
But so what? The US had many depressions over the span of its ascension and beyond and it will be the same for China ie big bumps along the road.