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Troubles in the Chinese Economy

Started by The Minsky Moment, September 25, 2009, 05:18:26 PM

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CountDeMoney

#15
September 26, 2009, 09:58:04 PM
QuoteIt must lead to a rebalancing of the Chinese economy towards consumption.

Simply not going to happen.  Too many inherent cultural barriers (see Mono-hoarding), too many broke ass Chinamen (see dirt poor Chinamen).
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