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**brandiweb** · 06-27-2011, 01:52 PM

News Headlines

While Americans don't really finance any Chinese debt, inside the country exists a massive domestic debt bubble that threatens to sink the entire economy and it might be too large for the Chinese government to bail out (we bailed out our own, with massive costs and reverberations we will be living with for another decade)

Could China's banks implode in a similar financial crisis as the US did in 2008? Seems like it can happen.

06-27-2011, 01:52 PM	#1
brandiweb Join Date Oct 2005 Posts 509 Senior Member	Chinese Debt Bubble Threatens to Explode News Headlines While Americans don't really finance any Chinese debt, inside the country exists a massive domestic debt bubble that threatens to sink the entire economy and it might be too large for the Chinese government to bail out (we bailed out our own, with massive costs and reverberations we will be living with for another decade) Could China's banks implode in a similar financial crisis as the US did in 2008? Seems like it can happen.
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