View Single Post
Old 2009-07-05, 03:26   Link #11
ZephyrLeanne
On a sabbatical
 
 
Join Date: Nov 2008
Location: Wellington, NZ
Age: 43
Quote:
Originally Posted by LeoXiao View Post
Is the current expansion of industry and development sustainable? If it is, then maybe China won't have a huge collapse, and they'll adapt naturally as the economic situation changes gradually. If it isn't, then there there will be a meltdown once the business opportunities dry up.
That's exactly my worry. Will the US, UK and UAE spend like before? It remains to be seen as the last time something like this happened, it was followed closely by WWII, which gave the US economy a boost via the war industry, and US was least hit. With DPRK around, I can't say for sure. Remember, we aren't out of the Cold War yet, just the beginning of the end. The Korean war is still on, and so is ROC VS PRC.
__________________
ZephyrLeanne is offline   Reply With Quote