Jack H Barnes Blog: The Chinese economy is heading toward an economic hard landing; it will overshoot to the downside and become the economic Black Swan event of 2011-2012. Inflation, yes both types, will be the story in China in the coming months.The steps necessary for an economic black swan landing have all happened, what is next is just the crash landing. The rains in Australia have cemented China’s economic slowdown. The rains will have longer lasting implications for both economies. Read more at JH Barnes….
Editor’s note: There is an updated version of the Barnes article at the GEI Opinion Blog.