DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Analysis: China factory unrest flares as global economy slows.

**andreas** · 12-07-2011, 11:55 PM

The paycheck for their 99 % had not been keeping up with inflation in years past. And they now their export sector is getting killed due to the western financial meltdown. Possible Yuan Revaluation will keep the current pyramid scheme alive for few more years until their Middle class goes bankrupt..Sounds familiar does it not ? Hence history just keeps repeating itself..

That maybe true and hold as you say.

They had near 0 middle class, not so many years ago, so there is really no history for the new middle class that has developed in the last decade or so. Wonder if the rich will bug out (If they can, with their loot!) as soon as the writing on the walls becomes clearer? Hope I live long enough, to witness that and a few other things that are brewing now.

12-07-2011, 11:55 PM	#4
andreas Join Date Oct 2005 Posts 567 Senior Member	The paycheck for their 99 % had not been keeping up with inflation in years past. And they now their export sector is getting killed due to the western financial meltdown. Possible Yuan Revaluation will keep the current pyramid scheme alive for few more years until their Middle class goes bankrupt..Sounds familiar does it not ? Hence history just keeps repeating itself.. That maybe true and hold as you say. They had near 0 middle class, not so many years ago, so there is really no history for the new middle class that has developed in the last decade or so. Wonder if the rich will bug out (If they can, with their loot!) as soon as the writing on the walls becomes clearer? Hope I live long enough, to witness that and a few other things that are brewing now.
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