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July 23, 2013
How Hard Will China's Crash Be?
Regardless of growth, the ability to maintain profit margins is rarely considered. Producing and selling at or even below cost will boost GDP numbers but undermines the financial system. This happened to Japan in the early 1990s. And it is happening in China now. Doug Ross @ Journal: How Hard Will China's Crash Be?Posted by gerardvanderleun at July 23, 2013 8:24 PM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
When will it happen? How much of the rest of the world will go down the hole with it?
Posted by: Todd at July 24, 2013 3:35 AM
...will boost GDP numbers but undermines the financial system.... Just like "quantitative easing".
Posted by: BillH at July 24, 2013 6:47 AM
Let's just say that China is that last peg that brings down the entire Jenga stack.
Posted by: Christopher Taylor at July 24, 2013 10:52 AM