You'll never be Chinese

Re:You'll never be Chinese by iag on Friday August 10, 2012 @12:49PM (#4366995)

Very insightful article. I feel more worried about the Chinese housing bubble crash than anything else. You think the '07 US recession was bad? That'd be a walk in the park if China's bubble bursts.

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Re:You'll never be Chinese by wensheng on Friday August 10, 2012 @01:18PM (#4367155)

Don't worry, the government will never let the crash happen. Plus they are trying "tightening" the housing now. Stagnating might be a better word: neither let price fall nor let it rise too fast.

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Re:You'll never be Chinese by smacktoward on Friday August 10, 2012 @02:14PM (#4367414)

Don't worry, the government will never let the crash happen

My bet would be these words were uttered right before every crash in history...

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Re:You'll never be Chinese by tsotha on Saturday August 11, 2012 @12:49AM (#4369473)

Yeah, the US government did its damnest to prevent the housing crash in the US, and they have a lot more money and experience with markets than the Chinese do. When the Chinese bubble pops it's going to blow the social fabric of the country apart.

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