The western world attributed China’s role as world’s largest financer of the developed world and third largest economy in the world to new economic efficiencies, a revolution in risk management and its own wise policies. China and the Credit Crisis argues that if the extent of the role played in the new prosperity by an emerging China, and the fundamental nature of the changes it brought had been better understood, more appropriate policies and actions would have been adopted at the time which could have avoided the crash, or at least limited its impact. China’s Credit Crisis examines the larger role that China will play in the recovery from the current credit crisis and in the post-crisis world. It addresses the major questions which arise from the financial crisis and discuss the landscape of the post-credit crisis world, initially by continuing to provide growth to a world deep in recession, and later by sharing global economic and political leadership

A controversial look at the impending Chinese economic collapse—the history behind it, its contemporary causes, and its dire implications for the global economy All the experts agree: the 21st century belongs to China. Given America's looming insolvency and the possibility of the collapse of the U.S. dollar, who can doubt that China is poised to take over the role of economic superpower? Written by political economist and leading financial journalist James Gorrie, this book offers a highly controversial, contrarian view of contemporary China. Drawing upon a wealth of historical and up-to-the-minute data, Gorrie makes a strong case that China, itself, is on the verge of an economic crisis of epic proportions. He explains how, caught in a recurrent boom/bust cycle that has played itself out several times over the past sixty years, China is again approaching total economic and social collapse. But with one important difference this time: they may very well take the entire global economy down with them. Explores the Chinese communist party's unfortunate history of making costly and very bloody mistakes on an enormous scale One-by-one Gorrie analyzes those critical mistakes and explains how they may lead to economic collapse in China and global depression Describes Chinese "cannibal capitalism," and where its massive abuse of the country's environment, people, and arable lands is leading that country and the world economy Chronicles China's history of recurring economic crisis and explains why all the evidence suggests that history is about to repeat itself

The western world attributed China’s role as world’s largest financer of the developed world and third largest economy in the world to new economic efficiencies, a revolution in risk management and its own wise policies. China and the Credit Crisis argues that if the extent of the role played in the new prosperity by an emerging China, and the fundamental nature of the changes it brought had been better understood, more appropriate policies and actions would have been adopted at the time which could have avoided the crash, or at least limited its impact. China’s Credit Crisis examines the larger role that China will play in the recovery from the current credit crisis and in the post-crisis world. It addresses the major questions which arise from the financial crisis and discuss the landscape of the post-credit crisis world, initially by continuing to provide growth to a world deep in recession, and later by sharing global economic and political leadership

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

A provocative perspective on the fragile fundamentals, and forces for resilience, in the Chinese economy, and a forecast for the future on alternate scenarios of collapse and ascendance.

The 2019 novel Corona Virus, now COVID-19, stole global headlines in the opening months of 2020, and its many impacts are still to play out. The common adage, “If the US sneezes, the world catches a cold” is now demonstrable in a multiplicity of ways, but it is China that has sneezed. This anthology provides insight into the nature of global pandemics such as SARS, MERS, Ebola and HIV/AIDs, then focuses on Wuhan, where COVID-19 broke out -- though patient zero is as yet unknown. It examines the massive effort that China has undertaken since the outbreak to contain its spread, and includes personal stories of the first lockdown experiences. But the impact may be even more grave on the global economy than it is on global health. National and international analysts address the economic impact both within China’s industrial heartland and on global business, as borders close, entire regions are on lockdown, world airlines cancel flights, major US corporations in China shut their doors, factory floors empty. and global supply chains break down, millions lose their jobs and small businesses tank.. Stocks and the prices of gold and oil are impacted. Soon after the COVID-19 outbreak was announced and the extraordinary quarantine response by China was effected, it was learned that Event 201, a global coronavirus pandemic simulation was held just months earlier, in which a global coronavirus pandemic killed 65 million people. Many questions arise concerning BIg Pharma's push for vaccines, and the mainstream dismissal of the possibility of alternative treatments such as HCQ. Other disturbing questions have arisen: Has the disruption been overblown to inflict damage on China as part of a trade war? On the United States, which faces massive damage to its economy in the midst of an increasingly bitter political divide? What are the biowarfare implications –in the Wuhan instance, where China’s first BSL-4 level laboratory is situated, or in the future in general, given the spread of BSL-4 level laboratories worldwide and most extensively the US, as states and private entities conduct research into germ warfare, including the use of bat-generated viruses, for both offensive and defensive purposes, putting the entire world at risk of accidental leakage or worse? Is this truly a pandemic -- or is it a plandemic, and if so, to what end? What are the likely consequences, intended and not.