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I happen to be watching a TV show about China building the Three Georges Dam. The program sort of highlighted how fast the Chinese economy was growing.
It occurred to me that the Chinese economy would not grow forever. I wonder what’s going to happen when their economy takes a hit.
I remember the go-go days of the US stock market in the late 90’s. Everyone assumed the market would go up forever. They talked about the “new economy”. It turned out to be a bubble.
Since the Chinese economy has been growing for so many years, it will be a huge shock, when it happens. At this point, I have no idea when it will happen; I only know that at some point it will.
Posted by The Vorlon at July 3, 2006 8:05 PM