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Is China actually bankrupt?

articles.moneycentral.msn.com

1–10 of 27 posts

Re: Is China actually bankrupt?

#3
post #2

Would love to hear some analysis of this by people who actually know a thing or two about economics. Is it more of the usual baloney?

The basic outcome of that article is that any country is bankrupt on paper if you apply the right criteria and filter them through some historical information super-imposed onto what may or may not be happening now.

The fact they picked China gives it a high propaganda rating in my eyes.

Re: Is China actually bankrupt?

#4
Something is odd with this web page. At least using chrome on Win7 x64.

I have VS2008 and SQLProfiler, even the Windows Task manager open in the background and they all have parts flickering every ~4 seconds when this page is opened in chrome.

For example in Visual studio the Solution Explorer is refreshing every four seconds.

anybody have any ideas? it's kind of unnerving. Or maybe it's just me.

Re: Is China actually bankrupt?

#5
post #3
post #2

Would love to hear some analysis of this by people who actually know a thing or two about economics. Is it more of the usual baloney?

The basic outcome of that article is that any country is bankrupt on paper if you apply the right criteria and filter them through some historical information super-imposed onto what may or may not be happening now. The fact they picked China gives it a high propaganda rating in my eyes.

I would have felt calmer if that assuring voice wasn't the third comment from a month old account. :-)

Anyone really know?

Re: Is China actually bankrupt?

#6
One reason I'm skeptical about this is the the United States has a ton of debt (this is a definite fact), and someone had to lend us the money. China has over $1T of U.S. Treasury Bonds. It might be plausible that they have cash flow problems, since they can't exactly liquidate $1T of U.S. Bonds, but then why do they keep buying them? In any case, I don't buy this one bit, especially since I haven't heard a single reputable economist ever say anything like it.

Re: Is China actually bankrupt?

#7
post #4

Something is odd with this web page. At least using chrome on Win7 x64. I have VS2008 and SQLProfiler, even the Windows Task manager open in the background and they all have parts flickering every ~4 seconds when this page is opened in chrome. For example in Visual studio the Solution Explorer is refreshing every four seconds. anybody have any ideas? it's kind of unnerving. Or maybe it's just me.

I just tried it with a few configurations. And I can conclude that it's not just you.

With Chrome and VS2008 with a project open I at least get the Solution Explorer refreshes you described. I don't have time to investigate further right now but my first reaction was that it was a bit scary that a webpage would be able to influence a separate application like that... But a more likely scenario is that VS has hooked up a debugger to the thread and it triggers this behavior.

I don't have any experience with .NET on the web, so I can't say for sure. But I am for sure going to bookmark this and have a look at it later.

Thanks! :)

Re: Is China actually bankrupt?

#9
post #7
post #4

Something is odd with this web page. At least using chrome on Win7 x64. I have VS2008 and SQLProfiler, even the Windows Task manager open in the background and they all have parts flickering every ~4 seconds when this page is opened in chrome. For example in Visual studio the Solution Explorer is refreshing every four seconds. anybody have any ideas? it's kind of unnerving. Or maybe it's just me.

I just tried it with a few configurations. And I can conclude that it's not just you. With Chrome and VS2008 with a project open I at least get the Solution Explorer refreshes you described. I don't have time to investigate further right now but my first reaction was that it was a bit scary that a webpage would be able to influence a separate application like that... But a more likely scenario is that VS has hooked u…

except it's not just VS, Outlook had certain elements flicker too.

If you go to the chrome options page, and look at the under the hood tab, that whole scroll region flickers too.

Chrome's task manager shows that silverlight is loaded somewhere on that page. maybe that is it.

Re: Is China actually bankrupt?

#10
post #5
post #3

Earlier quoted context omitted.

The basic outcome of that article is that any country is bankrupt on paper if you apply the right criteria and filter them through some historical information super-imposed onto what may or may not be happening now. The fact they picked China gives it a high propaganda rating in my eyes.

I would have felt calmer if that assuring voice wasn't the third comment from a month old account. :-) Anyone really know ?

We _know_ that the UK, and while it isn't within my direct sphere of knoweldge, it seems common knoweldge the US too are in a fairly dire financial situation, though their AAA credit rating and various other orchestrated advantages cover that for them (oil bought in Dollars for example). Also we can see that plenty of other countries that don't have similar advantages are closer to real trouble (Greece being propped up by massive EU funding, Spain also are cutting a very fine line).

What exactly is there to find calming about this smoke-screen information? That China might not be in as much trouble as us? I guess considering the incredible amounts of Dollars they hold that might be comforting incase they start to sell them off. Or that if they aren't in so much trouble then perhaps we aren't either? I can assure you that that isn't the case whatever the truth about China.

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