Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Decline of the Empire (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Is China's Economy Unraveling?

% of readers think this story is Fact. Add your two cents.


Source: Decline of the Empire


Revised Comment Policy

Commenters must provide an e-mail address. This change is meant to fend off spam comments from advertisers. These have become more and more of a problem over time. Comments must also be pre-approved by me before they are published. If your comment does not appear, I didn’t approve it, or didn’t get around to reading it yet.

Comments should be relevant to the post they appear with and should add to the discussion. Generic doomer comments will not be published. If you disagree with my assessment of something, you must explain why you disagree. If you insult me personally, or it’s obvious to me that you’re bat-shit crazy, as so many people are, I will ban your e-mail and IP addresses — Dave


I recently posted about China in China’s Economic Miracle Is Not So Miraculous Anymore (December 12, 2011). A lot rides on what happens in China. Most importantly, China’s growth, along with that of the other BRIC countries (Brazil, Russia, India & China) has driven rising global commodity prices, including the price of crude oil. If China’s pseudo-growth (ghost cities, real estate bubbles) comes to an end, commodity prices could plummet. We could see a price swoon in 2012 just like the one we saw in 2008-2009.

As Gordon Chang points outs in the video below, Europe is China’s biggest trading partner. The EU is also in big trouble, so it’s hard to believe China’s official export growth numbers. Chang is the author of The Coming Collapse of China and a columnist at Forbes.com. Chang has been sounding the alarm about China for many years now. He is more convinced than ever before that China’s economy is crashing. Is Gordon right this time?

We also have a video featuring hedge fund manager Jim Chanos, who has been shorting China for some time now. He is merely one of many people running hedge funds who see the writing on wall for China. Unlike Gordon Chang, who clearly wants to be proved right, Chanos, Hugh Hendry and other hedge fund guys now have a large vested in stake in what happens in China. These guys tend to do their homework. If they don’t, they go belly-up.


 

Read more at Decline of the Empire


Source:


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Lion’s Mane Mushroom

Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes:

Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.

Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.

Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.

Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.

Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.

Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • Anonymous

      Merry Christmas and Happy New Year everyone!!! There’s a new book on Amazon.com titled: ZTINGAR. Apart from being one of the most informative books I’ve ever read in matters to do with life, why we’re here, where we came from and to where we’re probably heading, UFOs, NDEs, 2012 etc. It also contains an extraordinary, inarguable and logical explanation to what people call God, which is nothing like the church teaches and very different to what one would expect. I strongly recommend it…

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.