The Chinese currency (Renminbi) is undervalued. when the bubble bursts the government will pump in new money to buy a swathe of real estate, implement a low interest rate policy, save their banks, re-value the currency to make it competitive, cut taxes etc. This will prevent social unrest, preserve the political status quo, and give people falso hope about the future. It's been done many times before in ... the USA, Europe, Latin America, and Asia. It is the way of the world. Humans are greedy and irrational. Get over it.
If China sinks, Beijing has no choice but to do what every other large nation/empire has done throughout history: War, major war. The key is attacking first with a black flag mentality -- no prisoners, no mercy, total victory, as the Mongolian Hordes did throughout Asia, the Middle East, and much of Europe a few centuries ago. If China's economy suddenly sinks, nobody is safe and no economy -- anywhere -- is immune. Three or four billion dead would likely be a conservative toll, considering there are more than seven billion of us on the planet at present. It's just history repeating itself. Rudy Haugeneder Canada
Who Should the attack ?, the Chinese military will soon run out of steam, they has still quite few modern Weapon. They have low numbers of Hightech weapons a lot more low budget weapons, but the will be no match for modern western weapons. They have ICBMs but not many, they can strike US and Russian, Japanese Citys. They will gain nothing by that, Just that all Chinese City will be destroyed. War is Crazy.More likely is that the Communist Chinese goverment will be destroyed by angry citizen. NO contry will be comunist one party state for ever. T
If China sinks, Beijing has no choice but to do what every other large nation/empire has done throughout history: War, major war. The key is attacking first with a black flag mentality -- no prisoners, no mercy, total victory, as the Mongolian Hordes did throughout Asia, the Middle East, and much of Europe a few centuries ago. If China's economy suddenly sinks, nobody is safe and no economy -- anywhere -- is immune. Three or four billion dead would likely be a conservative toll, considering there are more than seven billion of us on the planet at present. It's just history repeating itself. Rudy Haugeneder Canada
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If China's economy suddenly sinks, nobody is safe and no economy -- anywhere -- is immune. Three or four billion dead would likely be a conservative toll, considering there are more than seven billion of us on the planet at present. It's just history repeating itself.
Rudy Haugeneder
Canada
If China's economy suddenly sinks, nobody is safe and no economy -- anywhere -- is immune. Three or four billion dead would likely be a conservative toll, considering there are more than seven billion of us on the planet at present. It's just history repeating itself.
Rudy Haugeneder
Canada