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Will the China commodities bubble pop?
Posted: 2 October 2018


MindBullet logo THE GREAT FALL OF CHINA
China's ghost cities stay empty as the artificial bubble bursts
Dateline: 8 August 2018
It was as inevitable as China's rise to the position of the most powerful economy in the world. Now it looks as though that title will return to the United States, as the 'bubble economy' holds China in its debilitating grasp. It's deja vu for observers from Japan, who experienced the same property bubble decades earlier, and with equally destructive social consequences. Inflation, fuel ...
 
Doug Vining Added to this indicator is the fact that China's consumption of coal has also peaked, although that has more to do with solar power and cleaner air. Even so, despite the 'peaking', China's demand for these products is still massive, so it's not a collapse yet.
Posted: 2 October 2018 at 17:22
 
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