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China could be headed for an inflation nightmare
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Thursday, March 11, 2010
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By Daily Crux Editor Justin Brill:

China may have gone too far.

The country's been inflating its money and credit supply with reckless abandon. It has to in order to keep the economy growing at 10% a year.

But that inflation could now be spreading into unwanted areas. China's consumer prices rose 2.7% in February from a year ago... Food prices alone jumped 6.2%.

If this trend continues, the government will be forced to clamp down on its easy money policies, and that could have a dramatic effect on the Chinese - and global - economy.

Read full article...

More on China:

This could set off a Chinese credit collapse

A commodities crash could be just around the corner

China could send these dividend stocks much higher

Topics: China | Inflation | Cruxallaneous
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