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erpowers Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 11:25 AM
Response to Reply #2
7. True
I was wondering what would happen if their economy burst and what affect it would have on the world economy. Why are we not hearing more about the possible housing bubble in China in the news media? I have only seen one story about the fact that China is building cities in which only a few people live.
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  -China has 9.7% Economic growth while America slips into "Douple Dip" FreakinDJ  Aug-01-11 11:12 AM   #0 
  - Why did we allow this to happen? We are switching places with poorer countries, to enrich our rich  Sarah Ibarruri   Aug-01-11 11:14 AM   #1 
  - Allow?  Warpy   Aug-01-11 11:27 AM   #9 
     - warning people about this shit since the early 70s  FreakinDJ   Aug-01-11 11:44 AM   #17 
  - The Chinese 9% is inflated and it will burst. They are building whole cities fo no one. nt  thereismore   Aug-01-11 11:15 AM   #2 
  - Yes.  Dappleganger   Aug-01-11 11:17 AM   #4 
  - Not a problem for Chinese government  FreakinDJ   Aug-01-11 11:18 AM   #6 
  - True  erpowers   Aug-01-11 11:25 AM   #7 
  - Wrong. The bubble will burst and when it does, those cities will be packed  Warpy   Aug-01-11 11:30 AM   #10 
  - This is exactly right.  Lucky Luciano   Aug-01-11 12:06 PM   #25 
  - Agreed. I saw that video posted here a few weeks ago. It's astonishing. Their GDP is fueled  Hosnon   Aug-01-11 12:32 PM   #27 
  - Thank our politicians n/t  OhioChick   Aug-01-11 11:16 AM   #3 
  - First quarter economic growth revised down to 0.4%  FreakinDJ   Aug-01-11 11:17 AM   #5 
  - Wouldn't you love to be making $5 a day?  Swede   Aug-01-11 11:26 AM   #8 
  - Give Wall St a little more time  FreakinDJ   Aug-01-11 11:32 AM   #12 
  - Thank the republicans!  Andy823   Aug-01-11 11:30 AM   #11 
  - They also have a huge housing bubble and whole cities that sit empty. nt  abelenkpe   Aug-01-11 11:37 AM   #13 
  - Moot point  FreakinDJ   Aug-01-11 11:41 AM   #15 
  - NAFTA enough said nt  newfie11   Aug-01-11 11:39 AM   #14 
  - A huge amount of Chinese "growth" is simply fraud. Google "Reverse merger"  Romulox   Aug-01-11 11:44 AM   #16 
  - If by "Fraud" you mean US Corp Tax policy - I would have to agree  FreakinDJ   Aug-01-11 11:45 AM   #18 
     - No. I mean garden variety lying. Making up sales that don't exist, e.g.  Romulox   Aug-01-11 11:46 AM   #19 
        - Sadly that is encouraged and perfectly legal by US Corp Tax Code  FreakinDJ   Aug-01-11 11:51 AM   #22 
           - This is fraud IN ADDITION to that though. Strange that you're so hell bent on changing the subject.  Romulox   Aug-01-11 12:26 PM   #26 
              - The 2 go "Hand in Hand" IMO  FreakinDJ   Aug-01-11 12:35 PM   #28 
                 - No. Reverse Mergers are a specific type of fraud which SPECIFICALLY cast doubt on China's growth #s  Romulox   Aug-01-11 12:42 PM   #29 
                    - I don't think we disagree  FreakinDJ   Aug-01-11 12:57 PM   #31 
                       - Cool. Peace. nt  Romulox   Aug-01-11 12:59 PM   #32 
  - forget the environment & other species; rampant ecom growth is unsustainable  amborin   Aug-01-11 11:47 AM   #20 
  - Only because US Free Trade Agreements don't specifiy those policies  FreakinDJ   Aug-01-11 11:49 AM   #21 
     - yes, but i meant econ growth, more generally; 9.7% is unsustainable  amborin   Aug-01-11 11:59 AM   #23 
        - Sadly I do  FreakinDJ   Aug-01-11 12:02 PM   #24 
  - Tariffs  bahrbearian   Aug-01-11 12:50 PM   #30 

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