CHINA CRASH 2012: Here’s How It’s Finally Happening This Time

Wednesday, September 12, 2012
By Paul Martin

Mamta Badkar
BusinessInsider.com
Sep. 12, 2012

For decades, experts have been predicting a crash in China.

They warned that the centrally planned, export-dependent economy, could not sustain itself year after year.
But through multiple crises, China has motored along, lifting hundreds of millions of people out of poverty in the process.

But things appear to be different this time. Corporate profits are tanking, and the Shanghai Composite is at the same levels it was during the depths of the 2008-2009 crash. A hard landing has hit the corporate sector.

And many are questioning whether policymakers are really in control of the slowdown this time, or if the economy is in fact heading for a hard landing i.e. four straight quarters of below five percent growth.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter