China's economy to collapse of

the Government misjudged the economic environment deteriorating business environment caused by investment, private capital, how would we do? They certainly do not want to repeat the mistake of 2006, so from the real economy come up with a lot of money to property speculation, stock market, buying luxury goods, buying art, the most important thing is to buy a car. This is why car sales network into the financial tsunami, in November 2008 after the sudden turn the corner, sales actually go up. Not because of China's economy better, but worse because of China's economy, so the car was selling well.
2010 in the first half, China's automobile production capacity surplus of 1.82 million. What materials need to use cars? Steel. End of last year, China's 26 cities, 5 up to 15.78 million tons of steel stocks, the figure is 5.5 times the same period in 2008, is the same period in 2009, 1.8 times of financial crisis. Severe overcapacity. Our government in the capacity of future generations all got to spend today, and today we finished, your children grow up to do? This terrible industrial policy, will bring terrible automobile industry overcapacity.
go abroad to look at a recession, in addition to the stock market is not bad, the prices continued to decline, cars not popular, luxury deserted. Modern art auction 流拍 rate of over 60%, a recession. But a return to the mainland, one hot. In addition to a very hot car, the property market, stock market, luxury goods, works of art, that is, prices are also a nightclub.
boom in car sales today, is the precursor to the crisis of the disintegration of the manufacturing sector. Professor Lang metaphor, which is like your hands on the eve of abscess to burst, as it is the most beautiful pink, but its internal organization, which is basically China's manufacturing industry has begun to rot. This is today's China.
economic collapse, failure of the reform, the ultimate bearer of a lower middle class people - rising prices, precarious, not afford school fees of coverage, who can not afford housing, even can not afford to fight a lawsuit (litigation is to spend money, and not the same as abroad), people no legal children, the official media only allow people how much happiness index rose. Economic collapse, failure of the reform, the vested interests, is a good thing. Because 30 years of reform throughout China, in fact, black-hearted bureaucrats and businessmen colluded, looting the public crazy sport.