Charles Nenner China at Risk of Greece-like Debt Crisis,

 Charles Nenner no double dip yet but US economy is rolling over , we slowly going to double dip "I hope it's going to stay a recession, any major problems will really get us into depression. I'm still very negative on the outcome of this big economic crisis "

Nenner believes that China risks a Greek-like debt crisis  "Most people do not know that you could have a Greece like crisis in China , well that sounds surprising , that problem in China and I really have this from people there high in the government that I work with , The problem is they gave out a lot of loans to farmer and the farmers are simply not paying back and  are  not into the way of thinking that they have to pay it back,so they will also be under water if they do not get their money back..." so despite the trillions of foreign reserves that the government of China has if the population continue not paying back their loans they are also going to be into trouble says Charles Nenner...