Thursday, September 17, 2009
China is on the brink of disaster
Thursday, September 17, 2009
Superb analysis out of SocGen analysts this morning. Dylan Grice says the Chinese economy has many similarities to the Japanese economy before it imploded in the 90's. He cites 8 reasons why the Chinese economy is likely to be an even larger implosion than the Japanese economy:
Studying the lessons from Japan's lost decade(s) is key for anyone seeking to understand today's post-bubble world. But a closer reading of Japan's financial history illuminates today’s China far more.
Read full article...
Thursday, 17 September 2009
From The Pragmatic Capitalist:
Posted by Britannia Radio at 21:44