Everyone is talking about China right now as its GDP is nearing that of Japan, and could become the second largest in the world. But is it sustainable? I read a great analogy of the Mayfly. The Mayfly is a species of inset that goes from egg to death sometimes in as little as 30 minutes, and never more than a day. Is there a chance that China’s economy could have a boom-and-bust similar to the Mayfly? Watch this video, an interview with a STRATFOR analyst, to find out why this may be true:
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