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Who's taking bets on when China's economy takes the big 'correction'?

  1. Sab Oh profile image61
    Sab Ohposted 6 years ago

    It's coming, but when? And how will the ripples affect the rest of the world?

  2. Sab Oh profile image61
    Sab Ohposted 6 years ago

    Folks like to talk about America's debt, but they have no idea...

    1. earnestshub profile image85
      earnestshubposted 6 years ago in reply to this

      China's current growth rate is a pile anyway.
      Increases in production need markets, and China will not be able to keep the yuen artificially low enough to sustain it's current growth for many other reasons too.

      1. Sab Oh profile image61
        Sab Ohposted 6 years ago in reply to this

        Ok, so when? When does the poop hit the fan? Taking all bets here!

        1. earnestshub profile image85
          earnestshubposted 6 years ago in reply to this

          I would guess it may fall over before the end of next year if the fundamentals can't be changed, and I think that despite sales to India and Japan which may increase, America, Australia and other western markets will fall off a long way, they will not be able to increase their other markets quickly enough, and when they do revalue the yuen it will destroy their market penetration.

 
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