Despite the praise of China’s development in the global media there are many indications that the current regime is on its way out
By JG Vibes
August 7, 2013
According to the Hong Kong magazine Frontline, a Chinese political news source, the Chinese Communist Party will collapse entirely by 2016. According to the report, this collapse will be triggered by the reverse in cash flow that is currently taking place in the country, with large sums of money actually now moving out of China.
If this truly is the case it could be entirely possible that China is just the next stop on the central banking looting spree. Regardless of the background politics at play, there are many indications that China will be going down with the US Dollar, the Euro and the rest of the world economy.
Of all the challenges facing China the most dangerous three are the real estate bubble, shadow banking, and local government debts, because of how pervasive and large-scale they are, says Dr. Frank Tian Xie, a business professor at the University of South Carolina Aiken.
It is important to remember that a collapse isn’t always a bad thing, sometimes this is just what the people need in order to topple an authoritarian regime. This situation gives the general population an upper hand that they wouldn’t usually have. Also many times the population needs to see a regime fail, in order to cut through the propaganda so they can understand that they are are being oppressed. The report also mentions that corruption will play a vital role in this collapse, which again ties in with the idea that maybe the people will be better off without the current power structure.
Although it has been unreported in the media China has been experiencing large strings of protests, riots and revolts. China may have a reputation for being the home of some extremely obedient people, but many westerners would be surprised to believe that there is far more defiance and resistance in a place like China than there is in the United States.
Earlier this year thousands of people revolted in China smashing police cars and overturning police vans, after a checkpoint caused an accident and the ambulance took over an hour to arrive.
From all accounts it seems that the local police had some sort of racket going on, and were stopping citizens to make sure all of their papers were up to code.