Wednesday, May 5, 2010

Chinese economy predicted to crash

Marc Fabers prediction that the Chinese economy may soon crash
( ) adds weight to my prediction of a brewing revolution in that nation. I have predicted for several years that there will be a revolution in China between 2012 and 2017 similar to the fall of the Soviet Union.

The old guard is dying off and the new blood sees no need for the restrictive ways of their predecessors. Economic freedoms are bringing the need for freedom to a fever pitch and an economic downturn in China will be the match that sets it off. I just hope there is someone of Gorbachev's caliber in charge of the old structure and a new guy like Yeltsin waiting in the wings to advance the cause. It would be to the old guards advantage to have a peacefull handover of power like the old Soviet Union rather than a bloody revolution in which the old guard is slaughtered.

The Bolshevik Revolution happened in 1917-1922, and the Chinese revolution took place in the 1940's. The age differences of the old guard are just about right. The originators of the communist revolution are all dead. China was not a single nation before the revolution for any practical purpose and it will disentigrate back into the various provincialities which will become nation states. I believe it is also being pushed by the one child rule making a deficit of female babies. The deficit is now at 30 million fewer girls than boys. That's a war in the making.
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Boxer owned for Racism

An inconvenient debt.