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Next bubble, China?

  • Posted by Karl Deeter on 7 July 2009 - Leave a Comment - Printer Friendly Version
  • I have believed for some time that China will not become the #1 world power in my lifetime, contrary to what many analysts say, in the past I was a huge believer in the potential of China and of their capacity to grow, but with increasing social unrest (the protest that made the paper yesterday is one of the few that is actually reported), pollution issues, required growth of 8% in order to stay on the road, as well as inflation and the impending organisation of labour, China will have a harsh adjustment to deal with in the near future

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