“China Is A Monumental Doomsday Machine” Stockman Warns

by David Stockman via Contra Corner blog,
ZeroHedge.com
02/26/2016

China is a monumental doomsday machine that bears no more resemblance to anything that could be called stable, sustainable capitalism than did Lenin’s New Economic Policy of the early 1920s. The latter was followed by Stalin’s Gulag and it would be wise to learn the Chinese word for the same, and soon. These folks are on the deadliest strain of financial heroin known to mankind and have no chance of surviving; its a dead economy walking.

The Rest…HERE

This entry was posted on Friday, February 26th, 2016 at 2:33 pm and is filed under China, Economics. You can follow any responses to this entry through the RSS 2.0 feed.