Marc Faber – Chinese Collapse Coming
Posted on 29. Mar, 2011 by admin in marc faber
For the latest Marc Faber, go to MarcFaberBlog.com – It is true that we have a credit bubble in China. They also have a huge stimulus package. However, you have to put in in perspective compared to the United States. China has a debt load of 50% of GDP, and in the US it is 600% GDP. The Chinese use their credit to build things. They have built exports and infrastructure. The United States has used…
