The 10 Principles Of Bubbles Show Why The Whole Planet’s On Central Planner “Crack”
Friday, January 8, 2016 10:45
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from Zero Hedge
Submitted by Harry Dent via Contra Corner blog,
The global markets just reacted to another 7% plunge in Chinese markets – the biggest bubble of our time.
Go on the Internet and look up any article about China’s economy. Nine times out of 10 they’ll acknowledge the problems in overbuilding, real estate vacancies, rising debt and everything else.
But they always take the position that China will be able to have a soft landing. Through government guidance, they’ll be able to transition to a consumer-driven economy like the U.S. instead of a government-driven infrastructure and exporting one.
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Source: http://financialsurvivalnetwork.com/2016/01/the-10-principles-of-bubbles-show-why-the-whole-planets-on-central-planner-crack/?utm_source=rss&utm_medium=rss&utm_campaign=the-10-principles-of-bubbles-show-why-the-whole-planets-on-central-planner-cr
