Quote Originally Posted by Fragony
And that is why China has a problem, they can't. Cheap as their products may to us, to the average chinaman it's still a fortune, they are overstretching and they know it. The wild west in china is dirt-poor, and in the developed parts they already have a tv. Watchman is right but I expect it to collapse much sooner, they are running harder then their legs can carry them.
There is a lot of merit to that statement. Like a bee colony many are working themselves to exhaustion; very productive but short-term. Their labor conditions will have to dramatically change. Also since the Chinese government doesn't care about the local or global environment it's poisoning it's people at a greater rate to a greater extent every day.

OPEC is pricing itself out of business and if current oil prices are maintained or continue to rise, China will literally have a fossilized economy. Imagine if all the money spent to import energy was suddenly reinvested in domestic energy production.