Reply #112: I'm not stupid. [View All]

[Lone Pawn]

You're the one, I recall, who didn't recognize something as basic as GDP numbers, but I'll just assume you did the smart thing and asked for my sources. What I know is that China's economy is growing at ridiculous rates--entirely along the Eastern seaboard, centered in the Shanghai and Guangzhou economic zones. I know that Chinese investors are overspeculating, and financing construction with loans to be paid with revenue made from future stock gains. I know that foreign trade with NATO, Australia, South Korea, and Japan provides the vast majority of its economic growth, and I know that in event of war all trade will immediately cease between said nations and China. Now explain what keeps the bubble from bursting. I'm an intelligent enough person, I've taken a few classes, I read the Economist every week, so don't hesitate to use jargon.