Thread: Bad debts in China?
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Old 05-01-2012, 12:19   #8
Alan Fry
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Re: Bad debts in China?
Quote:
Originally Posted by Rob View Post
One thing I don't get is that if everyone is owing everyone money, who actually has the money that has been loaned in the first place. Or is the reality that this money never existed and the economics that have fuelled the industrialised world economy always been on a false pretence that has now been exposed as one big lie? And assuming that is the case, are we very close to a real meltdown as nobody can pay their bills.
We nned to complely change our ecomonic system and capitalsim itself!
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