Chinese Economic Apocalypse

Trefor Moss in Foreign Policy writes “5 Signs of the Chinese Economic Apocalypse”:

1) less fancy cars for government use
2) protests in Guangdong
3) rich people leaving country
4) less electric usages and therefore decreasing coal prices
5) the hog-to-corn price ratio has dropped to point where raising pigs is not commercially viable

Recapping the same article, Paul Farrell in Wall Street Journal Market Watch, writes “China’s ‘5 apocalypses’ signal global recession”

Maybe, just maybe, could China’s five catastrophes reach critical mass, igniting at any moment and being exported quickly, intensifying the effects of America’s fiscal-crisis foursome, plunging the U.S. economy into another recession and a bear market?

Recall other ZombieLaw posts about “Apocalypse”

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