Comments on: What Chinese Depression?

By: blah

blah — Thu, 20 Aug 2009 07:35:59 +0000

china elec production rose… check ur facts

By: ngchuanling

ngchuanling — Wed, 19 Aug 2009 13:53:36 +0000

WHAT ABOUT the US mighty fiat ‘worthless’ dollar ponzi back by the military-might and The Arab, “petroldollar”?
THE US dollar ‘coming home to roost’ or rather ” be roasted”

By: VangelV

VangelV — Thu, 13 Aug 2009 16:32:55 +0000

While I am concerned that the bureaucrats are playing games with the numbers that overestimate growth it is important to note that China could use more infrastructure spending to accommodate the rural population that is abandoning farm life in favour of better prospects in towns and cities. While there is too much building activity going on in some areas others are desperate for much greater activity in order to meet growing demand for housing, schools, roads, etc.

It is also important to note that as older state run companies are shut down there should be a significant improvement in efficiency that should lead to lower demand for some inputs so those that are projecting an acceleration of demand might be disappointed.

Do I think that there is a Chinese bubble? In some areas like the stock market there is no doubt that there probably is. But while those bubbles should pop it may be that a devaluation of the US currency might make some of those overpriced stocks look quite reasonable compared to alternatives.

By: Bors

Bors — Thu, 13 Aug 2009 15:03:49 +0000

Just another topic in the same old rat race.

By: The Swissy

The Swissy — Thu, 13 Aug 2009 13:04:59 +0000

I just had the visit from a China Hedge Fund. They compare China to the US in the early 20ies. People full of savings and with a consumer led domestic boom ahead of them and not behind them. It looks like a bubble, is maybe a bubble but risks to pop later than other bubbles.

By: Vishal

Vishal — Thu, 13 Aug 2009 07:35:18 +0000

I couldn’t understand the import of a photograph of Varanasi (India) in a note that talks only about China. regards.

By: JMR bayou bobby

JMR bayou bobby — Thu, 13 Aug 2009 06:51:53 +0000

Ah, you people I swear. According to some, all you need is faith in the official POV.

Well, BB, you keep pointing your finger at the facts and let those bozos go to the personal hell they are creating.

One day, and that day may never come….

By: Ben

Ben — Thu, 13 Aug 2009 06:20:59 +0000

How do you explain rising industrial commodity prices?

By: Bloomer

Bloomer — Thu, 13 Aug 2009 06:11:41 +0000

China’s comparable advantage is cheap labour. The American comparable advantage is global military supremacy, innovation and entrepreneurialship. These are all risky attributes, and as we have gambled and spent away our future, China has become the bookie holding our IOU’s.

With a captived workforce, and the help of American innovation and entrepreneurs, China has become the manufacturing capital of the world. But by not sharing their wealth with their workers, and confronted with falling demand in the western world, the Chinese are losing customers for their manufactored goods. Thus, the world is not flat, it is hollow.

By: Mike 28

Mike 28 — Thu, 13 Aug 2009 04:49:48 +0000

Another interesting piece of data…
home foreclosures are up 7% from June to July, and… up 32% from the same month last year! Heck, with a “recovery” like that, we don’t need a depression.

Mike 28