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Posted by on August 13, 2008, 11:38 pm
> I got news for you. =A0China bubble popped about 6 months ago.
>
> So what were you asking again?
>
> Vito
>
>
> is the china bubble popping? capitalism does not need democracy to
> thrive, free market capitalism is quit comfortable with a fascist
> system
>
> http://finance.yahoo.com/tech-ticker/article/47970/China's-Economic-M...
>
> China's Economic Miracle Comes Down to Earth
> Posted Aug 13, 2008 04:54pm EDT by Henry Blodget in Investing,
> Newsmakers
> Old China hands have maintained for years that the country's economy
> would stay strong through the Olympics. Well, now the Olympics are
> almost done, the stock market has crashed, and inflation is out of
> control. So is this the end?
> My guest Philip Pan, former Beijing bureau chief for the Washington
> Post and author of the new book Out of Mao s Shadow, knows better than
> to make pinpoint economic predictions. But he wisely observes that no
> economy can sustain momentous growth forever, and that without
> political reforms China's bust could be a violent one.
> See part one of my discussion with Pan, where he argues that free-
> market capitalism won't necessarily lead to democracy in China.
i know. i post ofter enough about it. in fact, the asian bubble has
popped. decoupling is a myth.
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