What's new

China Economy Set for ‘Hard Landing’ in 2012, Shilling Says

.
Every so called economist gets on tv every other day and makes a prediction of some country going bust, so far none has. I have been USA getting bust every year for the last 5 years. Its all doom and gloom in the press. Lets put it this way, if these journos were this good, they'd be working for a big company or the government, not working as a journo.
 
.
The are too many reasons why China could hard crash. The following are some

Property bubble
Large portion of non performing assets on Chinese banks' balance sheet
Dependence on Europe and US for exports
Huge consumer credit.Chinese love to buy on credit( Almost 120% of Chinese GDP)
Declining saving rates
Pollution (Some estimates say that Chinese loose 10% of GDP to the negative externalities)
Corruption
Inefficient allocation of resources and too much wastage
 
.
The are too many reasons why China could hard crash. The following are some

Property bubble
Large portion of non performing assets on Chinese banks' balance sheet
Dependence on Europe and US for exports
Huge consumer credit.Chinese love to buy on credit( Almost 120% of Chinese GDP)
Declining saving rates
Pollution (Some estimates say that Chinese loose 10% of GDP to the negative externalities)
Corruption
Inefficient allocation of resources and too much wastage

You don't know what a bubble is.

The nonperforming asset ratio was 5 times higher in 1994-2002 and China didn't crash then.

South Korea and Germany are far more dependent on exports. Net exports are a net drain on Chinese growth.

China has very little consumer debt.

ParaPundit: Low Consumer Debt In China

One Big Difference Between Chinese and American Households: Debt - Forbes

Savings were at 50%, they should be declining.

Pollution is not a factor because it will stimulate GDP and technological development to cure the diseases and clean the air; this stimulation can only happen in countries with high human capital that can independently develop these methods as opposed to importing them from foreign sources.

Corruption is far more severe in India.

Inefficient may be more equitable. The allocation of billions of dollars to a tiny elite while 40% of India is stunted due to malnutrition may be highly efficient in terms of economics but if that happened in China there would be a revolution.
 
.
If you throw yourself in front of a bullet train, don't be surprised when it crushes you into pieces.

And the worst thing to do is throw yourself in front, dance around, pull down your pants and laugh at the driver.

with chinese bullet trains the people on the outside need not worry, its the people on the inside.
 
. .
We get it you hate China. were aiming for 7 percent growth however been higher then expected.
 
.
Götterdämmerung;2557179 said:
With Indian bullock cart trains, people from inside as well as from outside need to worry on a daily basis.
we're talking about china not india...
 
. .
The are too many reasons why China could hard crash. The following are some

Property bubble
Large portion of non performing assets on Chinese banks' balance sheet
Dependence on Europe and US for exports
Huge consumer credit.Chinese love to buy on credit( Almost 120% of Chinese GDP)
Declining saving rates
Pollution (Some estimates say that Chinese loose 10% of GDP to the negative externalities)
Corruption
Inefficient allocation of resources and too much wastage

You couldn't be more wrong on the bold part. Where did you get your info??
Is this bad info or that famous Indian functional Literacy???
I want to know if it's the reader or the reading material.
 
.
You couldn't be more wrong on the bold part. Where did you get your info??
Is this bad info or that famous Indian functional Literacy???
I want to know if it's the reader or the reading material.
yes china does have huge debt, but they have more reserves. Also most chinese like most indians or indeed most asians are high savers and never go over board on credit .. our cultures make it shameful to be a debtor and i think its wise.
 
.
with chinese bullet trains the people on the outside need not worry, its the people on the inside.

Götterdämmerung;2557179 said:
With Indian bullock cart trains, people from inside as well as from outside need to worry on a daily basis.

chot chini ko lagi dard german ko hua:hang2:
 
.
with chinese bullet trains the people on the outside need not worry, its the people on the inside.

cheap is you people's nature, before people start to humiliate india, you better look at your own joke public transport first

---------- Post added at 12:15 PM ---------- Previous post was at 12:13 PM ----------

chot chini ko lagi dard german ko hua:hang2:
三锅的话怎么像拉稀使得
 
. . .

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom