07-18-2011, 12:43 PM | #21 |
token jewboy
Join Date: Nov 2008
Moto: CBR 900, KLR ugly ass duckling, Gas Man
Posts: 10,799
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I'm kind of on the fence about china, they are not the economic super power they portray themselves to be, their markets and housing are artificially inflated (makes our artificial inflation seem tame in comparison), they have a huge unemployed and seasonally employed workforce. Its business and government policies are shaky at best. They have massive amounts of natural resources, but they don't take care of them at all. Their per capita economic output is dismal at best, half the country is living in third world standards, and there is massive amounts of political unrest waiting to boil over.
They are in a growth spurt now, the real test is if they can maintain their current level of growth over the next 50 years, or if they will implode on themselfs
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