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(Yahoo) Interesting IMF disavows knowledge of China's fiscal "hard landing"   (news.yahoo.com) divider line 11
More: Interesting, hard landing, International Monetary Fund, East Brunswick, fiscal stimulus, Singh, Russia Today, global currency, natgeo  
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1784 clicks; posted to Business » on 31 Jan 2012 at 11:27 AM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



11 Comments   (+0 »)
   
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2012-01-31 11:26:02 AM
Yep, we're boned.
 
2012-01-31 11:35:35 AM
Hello 12% unemployment
 
2012-01-31 11:38:23 AM
China has all the factories, now they're going to raise the wages so the people have money to spend on the property bubble. Should keep their bubble going for a few years as we re-tool our factories to compete again.

/Imagine a shoe design that could be made entirely by a robot...
 
2012-01-31 11:38:26 AM
Subby, I laughed.

t2.gstatic.com


/we're hosed
 
2012-01-31 11:40:06 AM
wildcardjack: /Imagine a shoe design that could be made entirely by a robot...

www.shoesoftheday.com
 
2012-01-31 12:02:11 PM
i42.tinypic.comi42.tinypic.comi42.tinypic.com
 
2012-01-31 02:13:51 PM
Everyone knows China is going to get old before it gets rich. Which means a hard landing. But there's absolutely nothing anyone can do about it, the consumption levels needed to support those jobs will never exist again. The US and Europe are both broke.
 
2012-01-31 05:06:16 PM
wildcardjack: China has all the factories, now they're going to raise the wages so the people have money to spend on the property bubble. Should keep their bubble going for a few years as we re-tool our factories to compete again.

/Imagine a shoe design that could be made entirely by a robot...


China is nearing the Shoe Event Horizon...
 
2012-01-31 06:32:17 PM
steveGswine: wildcardjack: China has all the factories, now they're going to raise the wages so the people have money to spend on the property bubble. Should keep their bubble going for a few years as we re-tool our factories to compete again.

/Imagine a shoe design that could be made entirely by a robot...

China is nearing the Shoe Event Horizon...


The Shoengularity
 
2012-01-31 08:05:31 PM
IMF plays it down as the rich farkers running the establishment try to get as much money out of China as they can before it slams into the deck harder than a kamikaze zero. You thought the US was bad? China's collapse is going to be epic. I wouldn't be surprised if the CCP is toppled in the fall.
 
2012-02-01 07:32:39 AM
Someone might want to take a gander at how much money China has managed to save.

They can pay their way out of the problem, unlike Europe.
 
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