Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Consumer Spending Growth In China Fades; Spending A Mere 34% Of GDP; Can China Fail Like Japan?

Friday, June 17, 2011 - 8:07 AM
Fixed investment in China is going to collapse at some point. When it does, it will take China's massive property bubble with it. Losses at Chinese banks will be staggering.

The ripple effect will hit commodity prices which in turn will hit Australia and Canada.

Expect more unrest.

MikeMike327 posts since
Feb 22, 2010
Rep Points: 876