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"China's inevitable slowdown" - what is the basis of that prediction?
by prat 17y ago
"China's inevitable slowdown" - what is the basis of that prediction?
- cr0tus 17y agooh thats an easy call. even as we speak they are engaged in a stimulus program every bit as strange as our own and even stranger - their banks are FORCED to make loans! the pressure to keep the growth machine going in china has been immense...but nothing grows to the sky, particularly in a global recession. the chinese will learn the hard way, as we are, not to fight economic cycles. its not an issue of when china will have a major crash, but when and how deep
- prat 17y agoI agree - the question always IS when and not whether:) slowdown has a non-zero probability and will happen - the nontrivial part is predicting whether in a decade or five?