{"id":193248,"date":"2010-01-18T06:15:11","date_gmt":"2010-01-18T11:15:11","guid":{"rendered":"http:\/\/www.businessinsider.com\/marc-faber-a-china-bust-is-coming-2010-1"},"modified":"2010-01-18T06:15:11","modified_gmt":"2010-01-18T11:15:11","slug":"marc-faber-a-china-bust-is-coming","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/193248","title":{"rendered":"Marc Faber: A China Bust Is Coming"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b4cf33a0000000000872f0d\/marc-faber-bloomberg-011210.jpg\" border=\"0\" alt=\"marc faber, bloomberg 01\/12\/10\" \/><\/p>\n<p>Here&#8217;s a topic that&#8217;s been getting <em>much<\/em> more attention than it was just a couple of months ago: the possibility of a bubble and a bust in China.<\/p>\n<p>It&#8217;s especially been on people&#8217;s minds since the <a href=\"http:\/\/www.businessinsider.com\/jim-rogers-jim-chanos-couldnt-spell-china-10-years-ago-2010-1\">New York Times&#8217;s recent profile<\/a> of short-seller Jim Chanos, the criticism he&#8217;s received from the likes of Jim Rogers and Thomas Friedman.<\/p>\n<p>So, where does Marc Faber &#8212; one of the biggest doomsayer around &#8212; fall?<\/p>\n<p>According to <a href=\"http:\/\/www.commodityonline.com\/news\/China-bubble-will-not-burst-right-away-Marc-Faber-24779-3-1.html\">CommodityOnline<\/a>, he kinds of has it both ways: Yes, there will be a bust, but it may not happen anytime soon:<\/p>\n<p><em>&ldquo;There is excessive credit in China, but the oversupply of money has been used to build the infrastructure, education, and R&amp;D, rather than consumed. And that is the difference between China and US.&rdquo; <\/p>\n<p>&ldquo;The China bubble will not burst soon. I don&rsquo;t see it imminent.&rdquo;<\/em><\/p>\n<p>That&#8217;s kind of how he sees the US too &#8212; doomed eventually, but not doomed right away, and it&#8217;s why he usually isn&#8217;t &#8220;wrong.&#8221;<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/marc-faber-a-china-bust-is-coming-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/jim-chanos-just-wait-until-the-chinese-see-communist-insiders-flipping-their-homes-2010-1\">Jim Chanos: Just Wait Until The Chinese See Communist Insiders Flipping Their Homes<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/thomas-friedman-tries-to-give-short-selling-advice-to-jim-chanos-2010-1\">Thomas Friedman Tries To Give Short-Selling Advice To Jim Chanos<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/jim-rogers-jim-chanos-couldnt-spell-china-10-years-ago-2010-1\">Jim Rogers: Jim Chanos Couldn&#8217;t Spell &#8216;China&#8217; 10 Years Ago<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/mOzstyZbJPs\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s a topic that&#8217;s been getting much more attention than it was just a couple of months ago: the possibility of a bubble and a bust in China. It&#8217;s especially been on people&#8217;s minds since the New York Times&#8217;s recent profile of short-seller Jim Chanos, the criticism he&#8217;s received from the likes of Jim Rogers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-193248","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/193248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=193248"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/193248\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=193248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=193248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=193248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}