>>16319
> Its greatly over exaggerated.
Prove to me their data is real, prove to me that their stock buy-back program isn't a desperate attempt to keep this whole wizard of oz bullshit running. China might be the world's historical mercantile nation, fuck the jews on that one, but that doesn't mean that they're actually worth or are producing what they say they are.
Do you even know about their actual real estate bubble? Prices are so inflated in Beijing and Shanghai it's ridiculous, they're building homes just appear they're still building.
>But it won't effect the rural people
Yeah like the mortgage collapse didn't effect real estate prices throughout the US and all the western nations.
It's great that your argument basically boils down lol you silly tinfoiler it hasn't happened it's never going to happen. Yeah I'm sure people were wrong about the mortgage market in 2008 too.
Jesus fucking Christ have you even seen US foreclosures picking up again? We don't even have data on their foreclosures, that's fucking scary. But if you go to their real estate markets, guess what: a bunch of homes are coming on the foreclosure markets. They have a burdening debt situation, they just cut interest rates 5 times in a row, they tried buying back stock to make their stock market not collapse, and they're telling their people everything is fine keep buying.
Commodities are crashing, though China is only part of the problem. Their economy is in turmoil right now.
>But, but Zhongguo yongyuan
I'm not talking about the past, it doesn't matter if China was accelerating faster than Charlie Sheen on cocaine two years ago, or even a year ago. Right now, right the fuck now their economy is shit, any capital that is invested their, particularly foreign capital is fleeing. Let it rage on for a little while longer and the bounce off the bottom, for some Chinese companies it'd be worth buying. You've got Alibaba that's decent for a Chinese company.
But we ain't here to talk about stock picks, we're here discussing the Korean situation and I'm here right now telling you you're ignoring reality if you don't actually see economic turmoil in China. Wars cost money, for China it wouldn't increase consumer demand, it'd only help industrial demand a little bit. It'd be fucking good for oil though. China cannot afford a major war. The extent of their ability to wage war right now is throwing a tantrum in the South China Sea. Think of it this way: they won't even have the money to do all their foreign infrastructure investments right now. They got domestic shit to fix.
Exuberance in markets can turn in a day, you're equating an economic statement to the equivalent of China is going to be wiped off the map. The only thing that would ever cause China to be wiped off the map, is China.