Predictions of an Economic Collapse in China

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . Join The Wave: www.GreeneWave.com Donate www.paypal.com China gave a huge warning to global capital markets Wednesday with its abrupt decision to lower its short-term bank lending rate by 50 basis points. This signals a desperate reversal from its recent trend of raising interest rates to control inflation. I argue that China's real estate market is exhibiting the same warning signs we saw in the US housing market prior to the 2008 collapse as well as the assumption that China has largely been fabricating its annualized GDP numbers under the guise of a phony credit expansion. The reality is...Global GDP growth is contracting and this will ultimately lead to poverty and war.

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