China Crisis
Subtitle: How China's Economic Collapse Will Lead to a Global Depression
Publisher: Wiley & Sons, Incorporated, John
Published: 2013
Language: eng
Number of pages: 304
ISBN-13: 9781118470787
Subjects: Financial crises; China, economic conditions; China, economic policy
Description: A controversial look at the impending Chinese economic collapse - the history behind it, its contemporary causes, and its dire implications for the global economy All the experts agree: the 21st century belongs to China. Given America's looming insolvency and the possibility of the collapse of the U.S. dollar, who can doubt that China is poised to take over the role of economic superpower? This book offers a highly controversial, contrarian view of contemporary China. Drawing upon a wealth of historical and up-to-the-minute data, Gorrie makes a strong case that China, itself, is on the verge of an economic crisis of epic proportions. He explains how, caught in a recurrent boom/bust cycle that has played itself out several times over the past sixty years, China is again approaching total economic and social collapse. But with one important difference this time: they may very well take the entire global economy down with them.