when they there and there are no jobs, and companies are laying off. It uses its export might to bring citizens from rural parts of the county to work in factories and other places where exportable goods are produced. do not have any cash in my wallet. In world where 4 growth is burning up the track Chinas increase of 9 seems unattainable. In this case very large trouble. grew up in time where cash was king. The government has used its surplus to subsidize oil prices which in turn has lubricated huge transportation system.

Message please, no HTML tags. Nasdaq My wallet is dominated by the plastic. Spend, buy, live on credit. Whatever happened to if you cant afford it?? Skyler Posted PM Report Abuse > Last Send Comment Comments must be directly related to the blog entry. the only way you can keep the people coming into the cities happy is to have job waiting for them. It uses its export might to bring citizens from rural parts of the county to work in factories and other places where exportable goods are produced. what do you think is going to happen???

Yes China, the Saudis and many others own this country. Credit was only for car or house. And theyre going to come looking for all that money we borrowed…plus interest. For the first time since China emerged as one of the three or four leading economies in the world it is facing situation which is cannot easily fix. My wallet is dominated by the plastic. That surplus is based on balance of trade which cannot be sustained if exports falter.

Related articles Yahoo! faces layoffs Circuit City Chapter 11? Will GM borrow from the Fed? Back to Top Stocks Digg this And the 1st quarter of even be lower than that. So if 10 is what they count on they are in bad shape. China Where 9 GDP growth is recession Posted AM by Douglas McIntyre Rating Filed under stock market, oil, economy Chinas big stock index, the Shanghai Composite, has fallen from 52week high of over 6,000 to 1,974.