wang, Jun: CPC’s own admission face economic collapse
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Date: 5/4/2015 6:18:51 PM
Sender: wang, Jun
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wang, Jun: CPC’s own admission face economic collapse
王军（wang, Jun)
Chinese mainland against the fierce social conflicts facing various internal and external crises, so the development prospects of countries are not always good, often some politicians and foreign scholars and experts predicted that China＇s economy will collapse collapse.
This argument has always been for the CCP to refute, but recently the CCP themselves are beginning to worry about the mainland＇s economy is likely to collapse collapse. Chinese Minister of Finance recently issued a statement, pointed out that mainland local finance in huge deficit, resulting in pension fund on the verge of exhaustion, health insurance funds were not in place, many governments are unable to pay staff salaries.
Countries are now facing an unprecedented financial crisis, if the CCP does not promptly reform, government finance income over expenditure will go bankrupt, the joint Chinese mainland economy will collapse.
In recent years, the CCP because of economic growth, only atmospheric crude squandered money, enhance officer wages, increasing huge military, diplomatic vigorously spread the money, resulting in short treasury financial constraints, astronomical deficits appear.
Fiscal balance is a last line of defense of national economic stability, the CCP openly acknowledged the current financial bankruptcy, indicating the economic outlook may really unfavorable.
wang, Jun
May 4, 2015
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