China's Subprime Crisis Is Here
Ahhh the old&#x27; China crisis again!  The dog that didn&#x27;t bark.  The Charlie Brown football that never got kicked.  The constant and unending crisis that is on its way any day now.<p>As I have explained over the years in many previous comments, China&#x27;s banking system is partially privatized central planning, the government prints it&#x27;s own money.  Thus, when there is a credit crisis the government just recapitalizes the banks with freshly printed Yuan and sells off the bad loans at a discount.  Bankers who behaved badly get executed or disappeared and the whole thing starts over.<p>Don&#x27;t believe me?  Let&#x27;s take a trip down memory lane on HN:<p>China: Crisis Gauge Rises to Record High
2 points  Cless  <i></i>2 years ago<i></i>  0 comments  (<a href="http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;2014-02-26&#x2F;crisis-gauge-rises-to-record-high-as-swaps-avoided.html" rel="nofollow">http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;2014-02-26&#x2F;crisis-gauge-rises-...</a>)<p>China Interbank Rates at Record High (think Lehman Bros.)
1 points  teawithcarl  <i></i>3 years ago<i></i>  0 comments  (<a href="http:&#x2F;&#x2F;m.theepochtimes.com&#x2F;n3&#x2F;118747-china-banking-crisis-interbank-rates-at-record&#x2F;" rel="nofollow">http:&#x2F;&#x2F;m.theepochtimes.com&#x2F;n3&#x2F;118747-china-banking-crisis-in...</a>)<p>China&#x27;s Brewing Crisis Is a Thousand Times Greece&#x27;s
8 points  ytNumbers  <i></i>6 months ago<i></i>  4 comments  (<a href="http:&#x2F;&#x2F;www.forbes.com&#x2F;sites&#x2F;panosmourdoukoutas&#x2F;2015&#x2F;08&#x2F;25&#x2F;chinas-brewing-crisis-is-a-thousand-times-greeces&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.forbes.com&#x2F;sites&#x2F;panosmourdoukoutas&#x2F;2015&#x2F;08&#x2F;25&#x2F;ch...</a>)<p>Skyscraper index points to elevated risk of financial crisis in China, India
2 points  cs702  <i></i>4 years ago<i></i>  0 comments  (<a href="http:&#x2F;&#x2F;www.scribd.com&#x2F;doc&#x2F;78470886&#x2F;Index-Bubble-Building-100112-2-1-14300620" rel="nofollow">http:&#x2F;&#x2F;www.scribd.com&#x2F;doc&#x2F;78470886&#x2F;Index-Bubble-Building-100...</a>)<p>China fears bond crisis as it slams quantitative easing
1 points  chaostheory  <i></i>7 years ago<i></i>  0 comments  (<a href="http:&#x2F;&#x2F;www.telegraph.co.uk&#x2F;finance&#x2F;newsbysector&#x2F;banksandfinance&#x2F;5286832&#x2F;China-fears-bond-crisis-as-it-slams-quantitative-easing.html" rel="nofollow">http:&#x2F;&#x2F;www.telegraph.co.uk&#x2F;finance&#x2F;newsbysector&#x2F;banksandfina...</a>)<p>China hit hardest by US Downgrade
2 points  ca136  <i></i>5 years ago<i></i>  0 comments  (<a href="http:&#x2F;&#x2F;gulfnews.com&#x2F;opinions&#x2F;editorials&#x2F;us-crisis-hits-china-hardest-1.848525" rel="nofollow">http:&#x2F;&#x2F;gulfnews.com&#x2F;opinions&#x2F;editorials&#x2F;us-crisis-hits-china...</a>)<p>China’s Coming Economic Crisis?
3 points  kercker  <i></i>2 years ago<i></i>  0 comments  (<a href="http:&#x2F;&#x2F;www.nytimes.com&#x2F;roomfordebate&#x2F;2014&#x2F;04&#x2F;08&#x2F;chinas-coming-economic-crisis?hp&amp;rref=opinion" rel="nofollow">http:&#x2F;&#x2F;www.nytimes.com&#x2F;roomfordebate&#x2F;2014&#x2F;04&#x2F;08&#x2F;chinas-comin...</a>)<p>Why China Will Have an Economic Crisis
1 points  eande  <i></i>4 years ago<i></i>  0 comments  (<a href="http:&#x2F;&#x2F;business.time.com&#x2F;2012&#x2F;02&#x2F;27&#x2F;why-china-will-have-an-economic-crisis&#x2F;?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed:+time/business+(TIME:+Top+Business+Stories)" rel="nofollow">http:&#x2F;&#x2F;business.time.com&#x2F;2012&#x2F;02&#x2F;27&#x2F;why-china-will-have-an-e...</a>)<p>Confidence of China VCs drops to new low
2 points  ilamont  <i></i>7 years ago<i></i>  0 comments  (<a href="http:&#x2F;&#x2F;www.thestandard.com&#x2F;news&#x2F;2008&#x2F;10&#x2F;29&#x2F;global-economic-crisis-drives-china-vc-confidence-new-low" rel="nofollow">http:&#x2F;&#x2F;www.thestandard.com&#x2F;news&#x2F;2008&#x2F;10&#x2F;29&#x2F;global-economic-c...</a>)