The China Crisis: How China's Economic Collapse Will Lead to a Global Depression
by James R. Gorrie
A controversial and prescient look at the impending Chinese economic collapse—and its dire implications for the global economy.
Conventional wisdom says the 21st century belongs to China. With America's looming economic challenges, many believe that China is poised to become the world's next economic superpower. However, in this highly controversial and contrarian book, political economist and financial journalist James R. Gorrie presents a compelling case for a different future.
Drawing on a wealth of historical and up-to-the-minute data, Gorrie argues that China is on the verge of an economic crisis of epic proportions. He reveals how the nation is caught in a recurrent boom/bust cycle that has played out several times over the past sixty years, and explains why this time, the collapse could drag the entire global economy down with it.
Inside this book, you will discover:
- The history of the Chinese Communist Party's costly and devastating mistakes on an enormous scale.
- How critical errors may lead to economic collapse in China and a global depression.
- A detailed look at "cannibal capitalism" and where the massive abuse of China's environment, people, and arable lands is leading the country and the world.
- Why the evidence suggests that China's history of recurring economic crisis is about to repeat itself.
The China Crisis is a wake-up call, offering a powerful and essential counter-narrative to the prevailing economic consensus.
About the Author
James R. Gorrie is a political economist and leading financial journalist who writes on macroeconomic topics and geopolitical events. With over eighteen years of experience in the financial industry, he has interviewed a wide range of experts and had his articles featured on sites like MSN Money and Yahoo! Business News. A former doctoral candidate in international relations and comparative politics, James is also an award-winning screenwriter, filmmaker, and novelist. He lives in Austin, Texas, with his family.