Chinese TV Host Says Regime Nearly Bankrupt, page 1

I don't know if this has been posted yet, but may be worth reading!

Chinese TV Host Says Regime Nearly Bankrupt

www.theepochtimes.com...

China’s economy has a reputation for being strong and prosperous, but according to a well-known Chinese television personality the country’s Gross Domestic Product is going in reverse.

Larry Lang, chair professor of Finance at the Chinese University of Hong Kong, said in a lecture that he didn’t think was being recorded that the Chinese regime is in a serious economic crisis—on the brink of bankruptcy.
In his memorable formulation: every province in China is Greece.

I don't know the host.. If anyone does, is he trustworthy or a nut? If what he says is true, it'll make Greece look trivial.

reply to post by Expat888

---

What about inflation? Or is that another westerner idea not concerning the Chinese?

It would be not China when they stay financial stable,
China is working like a big Ponzi-Sheme!
en.wikipedia.org...

reply to post by Elzon

---

Why no chance of another Great War? the thinking in the interbellum between the last Great Wars was along the lines "the bomber will always get through" that set the scene for the thinking that Strategic Bombing would ensure the next Great War (WW2) would not only be fought in the air but would make wars quick and decisive, perhaps in the same way we see nuclear/missile tech today making wars quick and decisive even if it is a MAD solution.

The bombing of Guernica (Spanish Civil War) was used as an example of how strategic bombing would alter the face of war, I guess I feel people have similar thoughts today when we see the Shock and Awe employed in Iraq and the Missile attacks in Libya.

I personally look back to the pre WW2 and think how right but how wrong they where to assume any kind of Great War would be quick or decisive, and would not like to predict how any next war would go or who would be involved on which side since we are all broke

You only have to look at the earthquake bombs developed by Barns Wallis in WW2 (Tall Boy and Grand Slam) to take out hardened bunkers that after a break of some 60ish years*** are again being built almost lends itself to the feeling that they are preparing a non nuclear confrontation in the same way chemical warfare although around in WW2 was never used.

***The last Earthquake bomb made in the US was the 44,000lbs T-12 Cloudmaker (made from 1944 until 1948)

Although I have always seen any depopulation suiting the common person rather than those in charge, since all through history the eras when they has been great depopulation it has generally benefited the poor the most.. I think the expression from the Black Death runs along the lines of "as the poor got fewer the rest got richer" which saw for a short while the wealth and power fall into the hands of the common man (not for long mind)

I have always felt the NWO want a greater population since then that leaves us fighting each other for their scraps.. but that is my opinion and I think I have gone off topic far enough.. China is as you say equally at risk to this crappy system that needs replacing.

Mainstream Media IGNORES Iceland Revolution
  Posted 9 days ago with 96 member flags

Here Are The 5 Worst Places To Be When The Dollar Collapses
  Posted 6 days ago with 19 member flags

The Coming Canadian Housing Crash
  Posted 16 days ago with 18 member flags

What is *THE* domino you\'re waiting for, and why?
  Posted 9 days ago with 17 member flags

Google Trends - The Powers That Be should be scared
  Posted 2 days ago with 16 member flags

Greece bank run
  Posted 13 days ago with 15 member flags

25 May 2012 (the day europe collapsed)
  Posted 4 days ago with 14 member flags

Facebook insider sales are huge red flags
  Posted 11 days ago with 13 member flags

Newest topics, updated in real-time:

Newest topics getting flags, in real-time:

Newest topics getting replies, in real-time: