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This thread is almost a year old now. At what point do we consider this tread mindless fear mongering?
1) less then 9 months is 'almost a year' to you? Not to me. 11+ months is 'almost a year' to me. Each to their own, I suppose.
2) a gigantic economy that is heavily controlled by the government (like China's) is not going to react like traditional, pre-QE economies would as the governmnt is going to a) pump as much money as it has to into the mix to keep the numbers looking good and b) modify the numbers in th first place.
All this means that any eventual negative macroeconomic transgression's will take far longer to manifest then if the economy was left to it's own devices.
The same is happening in the West/Japan...but as their governments control is less then China's, they have less stimulus 'bullets' to shoot.
The negative of that is that when the economy finally does hit a recession - because the government can no longer conceal/artificially stimulate it's economy - the fallout is usually FAR worse then had the government just stayed out of it.
My point is that the Chinese economy is teetering...and eventually will fall. But because it is being artificially propped up, it could take years (as in the West/Japan) before the actual macroeconomic cycle is allowed to run it's inevitable course.