The Fall of China. There Will Be No Economic Recovery.

Wow - this was really good and informative, thank you. Just one question if anyone can answer: Is the USA being blamed for the Chinese stockmarket crash? It seems like this is just the natural consequence of too much government interference.

We owe China 1.4 trillion dollars.

so we will print it up and send it to them

Yeah, I'm not saying that this isn't concerning, but even the charts this guy was showing indicate that the Chinese stock market has almost doubled in the last year or two. Anyone who put any $$ into that clusterflop is going to get what they deserve.

I suspect that what's coming for the Chinese has already been reflected in the market price on the NYSE.

Again, not saying that its all ok, but as he said, the Chinese have 21 TRILLION in personal; savings and that money is going to chase every single bubble. IMO, it is very possible that this all means the opposite of what he is worried about - all the $$ that was going into the China stock market will now flow into the US on an even bigger scale, because we have "the least dirty shirts" of any country in the work when it comes to stability and protecting wealth. I say let them bring their $$ here to invest - bring it on!

At the end of the day - why do I give a shit if 1.2Billion Chinese loose their life savings? I guarantee that they are cheering for every single misfortune that hits the US...

Cheers

Ho Lee Fuk

Sum Ting Wong

5* from me!