They will bulldoze ghost cities and rebuild them again seeing as they're built shoddily.
They just need to double their debt from 28 trillion to 56 trillion.
Don't worry nothing bad will happen financially.
Meanwhile, let's hope and pray the projected Keynesian escape velocity will finally happen. It will happen. It must happen.
Anytime now.
Do you seriously believe the rubbish which you post- where do you get this silly nonsense from?
China has a massive rural population which it needs in the cities - there is nothing fake about this. It is entirely responsible from a long term economic view.
Australia has many opportunities to benefit from the growing wealth and receding poverty of the Chinese. Many young entrepreneurs can now invest as they have these huge potential markets. You really do not see it do you?
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Do you seriously believe the rubbish which you post- where do you get this silly nonsense from?
China has a massive rural population which it needs in the cities - there is nothing fake about this. It is entirely responsible from a long term economic view.
Australia has many opportunities to benefit from the growing wealth and receding poverty of the Chinese. Many young entrepreneurs can now invest as they have these huge potential markets. You really do not see it do you?
No. Their urbanisation is reversing. They're getting old and the grannies back in the farm need care takers (no nursing homes). Can't afford living in ghost cities anyway. The shack in the province is cheaper now that their dollar a day job is gone.
No. Their urbanisation is reversing. They're getting old and the grannies back in the farm need care takers (no nursing homes). Can't afford living in ghost cities anyway. The shack in the province is cheaper now that their dollar a day job is gone.
No. Their urbanisation is reversing. They're getting old and the grannies back in the farm need care takers (no nursing homes). Can't afford living in ghost cities anyway. The shack in the province is cheaper now that their dollar a day job is gone.
The big export markets for the Chinese are in a downturn for sure, but that won't last forever. These markets will recover and the Chinese are people who plan long term. Something you bears just cannot seem to do.
Try for once in your life to find some positive things in your life - constantly looking at negatives and projecting never ending doom and gloom onto the future is a very unsatisfactory way to live life, or to build wealth.
China will recover, there is a huge new consumer market growing there that will provide a mountain of opportunities for smart young open minded Aussies.
You are completely out of touch with what is really going on in the world. Noone is interested in your "bury gold the end of the world is nigh" narratives.
createdby
21 Apr 2016, 03:13 PM
Chinese are bad investors who overpay for stuff and pull the rug from under months later when they run out of money, you have no clue.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
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