If China's economy will collapse, the whole world will follow (businessinsider.com) 14 points by ed1024 4y ago ↗ HN
[–] tuatoru 4y ago ↗ Ludicrously bad article.Breathless hyperbole about debt, without analysis of the other side of the balance sheet: those to whom the debt is owed.Claims with no evidence whatsoever that foreclosure in China will somehow drag down the rest of the world.Claims that a real estate crash in China will impair China's ability to manufacture and export. The linkage is not obvious.Also drags in the power crisis in China, which is unrelated to its real estate market and only tangentially related to manufacture and export.
1 comment
[ 2.8 ms ] story [ 14.7 ms ] threadBreathless hyperbole about debt, without analysis of the other side of the balance sheet: those to whom the debt is owed.
Claims with no evidence whatsoever that foreclosure in China will somehow drag down the rest of the world.
Claims that a real estate crash in China will impair China's ability to manufacture and export. The linkage is not obvious.
Also drags in the power crisis in China, which is unrelated to its real estate market and only tangentially related to manufacture and export.