Guest Post: The Reasons For China's Imminent Bust

Guest Post: The Reasons For China's Imminent Bust
 http://www.zerohedge.com/news/guest-post-reasons-chinas-imminent-bust


 Central Planning will never triumph over other economies especially a Free Market Based Economy, and once the Central planners in our country have been discredited AGAIN we can be the continuing envy of the world, AGAIN..;-) 
The global dominant narrative about China is wrong, claims Gordon Chang. Don't expect it to be the 'pocketbook of last resort' that will rescue world markets from their current malaise.

And don't expect its remarkable economic growth to continue. In fact, expect a "hard landing" for China - and soon.

Forbes.com columnist and international lawyer Gordon Chang has spent much of his time since the early 1980s working and living in China. His primary knowledge of the country and his relationships there give him a superior understanding to how its economy is actually faring than many analysts based in the West. And what he sees today doesn't inspire confidence.      

bcplanningblog.blogspot.com/2010/12/ghost-cities-of-china.html

this-19-billion-development-is-packed-with-blocks-of-empty-houses.jpg

 Ghost Cities of China