The China Crisis: How China's Economic Collapse Will Lead to a Global Depression

3 avg rating
( 19 ratings by Goodreads )
 
9781118470770: The China Crisis: How China's Economic Collapse Will Lead to a Global Depression
View all copies of this ISBN edition:
 
 

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

"synopsis" may belong to another edition of this title.

From the Inside Flap:

All the experts agree: the United States and EU are in rapid decline, and China is on the verge of replacing the United States as the world's dominant superpower. It's easy to see why that has become the consensus opinion when you consider China's average 10% annual growth in GDP over the past decade; its position as the dominant consumer of raw commodities and number-one exporter of manufactured goods; and the trillions of dollars that nation holds in reserve currency and its role as primary lender to debt-ridden Western economies.

So, are the experts right . . . will the 21st century belong to China? Or is there a darker reality than that suggested by the picture of rosy good economic health successfully sold around the world by the Chinese government's marketing apparatus?

In a book that is sure to ignite controversy among the punditocracy, in academe and at the highest levels of government, political economist and leading financial journalist James R. Gorrie, makes a compelling case that a closer, more nuanced look at the facts reveals a starkly different truth about the modern Chinese colossus: namely, that it stands upon feet of clay which, even now, are crumbling beneath it.

Rather than a nation on the cusp of replacing the United States as the global superpower, Gorrie avers, China is, once again, on the path to a complete economic and social meltdown. What makes this time different though, is that, unlike past China crises, this one is likely to have a devastating impact on the entire global economy.

Drawing upon a wealth of historical, demographic, statistical, and economic data, Gorrie develops a framework for understanding what's going on inside China now, as well as that country's future prospects, based on the seven key factors:

Stability: Is China's economic development stable, and is China's political system capable of responding constructively to instability?

Sustainability: Are China's political and economic systems sustainable, or is the Beijing Model based entirely upon external markets and false demand driven by unsustainable debt?

Dynamism: Is there a healthy dynamic between Chinese society, the means of production, and the political system, or is Chinese state capitalism a form of "cannibal capitalism"?

Justice: Are massive land seizures, a caste system, forced relocations, and slave wages rapidly undermining the regime's legitimacy?

Political adaptation: Does Chinese political culture help businesses adapt to financial challenges, or does it become increasingly oppressive as wealth increases?

Creativity: Do China's economic system and political culture encourage innovation, or do they rely on theft and other forms of technology transfer, while driving its innovators out of the country?

Renewability: Is the Beijing Model one that fosters renewability, or does it rashly sacrifice long-term stability and resource protection for short-term gains?

A meticulously researched and well-reasoned analysis of the state of China's political economy and the tragic, all-too-predictable missteps that will inexorably lead to that nation's collapse, The China Crisis is must-reading for policymakers, business leaders, and every intelligent reader with an interest in world affairs.

From the Back Cover:

Praise for The China Crisis

"An inside look at China's future. James R. Gorrie reveals a China that the mainstream press has failed to investigate. His conclusions, based in fact and historical reality, may change your thinking about this potential superpower, which may have overplayed its hand. A must-read in a world of global currency wars."
Craig R. Smith, founder and Chairman of Swiss America Trading Corp., author, commentator, and monetary expert

"Anyone who isn't aware of the impact China is going to have on the world over the next few years has their head stuck in the sand. From China's focused attack on the U.S. dollar to the many bubbles they've created with their unsustainable economic policies, these will cause enormous impact on that country with reverberations that will be felt around the world. James R. Gorrie does a fantastic job of laying out the real story of China for all the world to see."
John F. Carter, founder of TradeTheMarkets.com, frequent commentator on CNBC and Bloomberg, and regular contributor to SFO magazine and MSN Money

A controversial look at China's looming economic collapse and its dire implications for the global economy

Will the 21st century be the "Chinese Century," or is China once again headed down the path of self-annihilation that has been the hallmark of its ruling communist party for the past sixty years?

Drawing upon a wealth of historical and up-to-the-minute data, political economist and finance journalist, James R. Gorrie, makes a compelling case that contrary to what the experts contend, China 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 once 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
  • Analyzes, one by one, those critical mistakes and explains how they will lead to economic collapse in China and a global depression
  • Describes Chinese "cannibal capitalism," and where its massive abuse of the country's environment, people, and arable lands is leading China 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

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

James R. Gorrie
ISBN 10: 111847077X ISBN 13: 9781118470770
New Quantity Available: 4
Seller:
GreatBookPrices
(Columbia, MD, U.S.A.)
Rating
[?]

Book Description Condition: New. Seller Inventory # 18266309-n

More information about this seller | Contact this seller

Buy New
US$ 23.25
Convert Currency

Add to Basket

Shipping: US$ 2.64
Within U.S.A.
Destination, Rates & Speeds

2.

Gorrie, James R.
Published by Wiley
ISBN 10: 111847077X ISBN 13: 9781118470770
New Hardcover Quantity Available: 1
Seller:
Broad Street Books
(Branchville, NJ, U.S.A.)
Rating
[?]

Book Description Wiley. Hardcover. Condition: New. 111847077X Brand New Book. Seller Inventory # 44521

More information about this seller | Contact this seller

Buy New
US$ 21.95
Convert Currency

Add to Basket

Shipping: US$ 3.95
Within U.S.A.
Destination, Rates & Speeds

3.

James R. Gorrie
Published by Wiley (2013)
ISBN 10: 111847077X ISBN 13: 9781118470770
New Hardcover First Edition Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)
Rating
[?]

Book Description Wiley, 2013. Condition: New. book. Seller Inventory # M111847077X

More information about this seller | Contact this seller

Buy New
US$ 26.10
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

4.

James R. Gorrie
Published by John Wiley and Sons
ISBN 10: 111847077X ISBN 13: 9781118470770
New Quantity Available: > 20
Seller:
INDOO
(Avenel, NJ, U.S.A.)
Rating
[?]

Book Description John Wiley and Sons. Condition: New. Brand New. Seller Inventory # 111847077X

More information about this seller | Contact this seller

Buy New
US$ 23.19
Convert Currency

Add to Basket

Shipping: US$ 3.60
Within U.S.A.
Destination, Rates & Speeds

5.

Gorrie, James R.
ISBN 10: 111847077X ISBN 13: 9781118470770
New Quantity Available: 1
Seller:
Paperbackshop-US
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description 2013. HRD. Condition: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Seller Inventory # KB-9781118470770

More information about this seller | Contact this seller

Buy New
US$ 24.10
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

6.

Gorrie, James R.
ISBN 10: 111847077X ISBN 13: 9781118470770
New Quantity Available: 1
Seller:
Pbshop
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description 2013. HRD. Condition: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Seller Inventory # IB-9781118470770

More information about this seller | Contact this seller

Buy New
US$ 26.27
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

7.

James R. Gorrie
Published by John Wiley Sons Inc, United States (2013)
ISBN 10: 111847077X ISBN 13: 9781118470770
New Hardcover First Edition Quantity Available: 1
Seller:
Book Depository International
(London, United Kingdom)
Rating
[?]

Book Description John Wiley Sons Inc, United States, 2013. Hardback. Condition: New. 1. Auflage. Language: English . Brand New Book. 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. Seller Inventory # AAS9781118470770

More information about this seller | Contact this seller

Buy New
US$ 31.20
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

8.

James R. Gorrie
Published by John Wiley Sons Inc, United States (2013)
ISBN 10: 111847077X ISBN 13: 9781118470770
New Hardcover First Edition Quantity Available: 1
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description John Wiley Sons Inc, United States, 2013. Hardback. Condition: New. 1. Auflage. Language: English . Brand New Book. 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. Seller Inventory # AAS9781118470770

More information about this seller | Contact this seller

Buy New
US$ 31.66
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

9.

Gorrie, James R.
Published by Wiley
ISBN 10: 111847077X ISBN 13: 9781118470770
New Hardcover Quantity Available: 1
Seller:
Booklot COM LLC
(Philadelphia, PA, U.S.A.)
Rating
[?]

Book Description Wiley. Hardcover. Condition: New. 111847077X. Seller Inventory # Z111847077XZN

More information about this seller | Contact this seller

Buy New
US$ 34.66
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

10.

James R. Gorrie
Published by John Wiley Sons Inc, United States (2013)
ISBN 10: 111847077X ISBN 13: 9781118470770
New Hardcover First Edition Quantity Available: 10
Seller:
Book Depository hard to find
(London, United Kingdom)
Rating
[?]

Book Description John Wiley Sons Inc, United States, 2013. Hardback. Condition: New. 1. Auflage. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. 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. Seller Inventory # BZV9781118470770

More information about this seller | Contact this seller

Buy New
US$ 37.42
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

There are more copies of this book

View all search results for this book