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China's economy is imploding... riots, kitchen sink economic stimulus to follow...
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Wednesday, March 11, 2009
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Gruesome export numbers out of China this week...

Exports shipped out of the Middle Kingdom fell 25.7% in February from the previous year. The consensus expected just a 5% fall.

This is the worst news yet from the "world's workshop." If things continue to deteriorate, you'll eventually hear about huge swaths of unemployed Chinese rioting in the streets. And the authorities there usually don't handle rioters with kid gloves. More like an iron pipe to the face...

Read full article...

Read what the market is saying about China's economy...

Topics: China | World News
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