China's Financial Impact

When people ask me why do I beleive a crash is coming its hard to tell them the truth because most of the time they want to be told everything is fine and your living standards will keep improving. They would like me to say its great that you have moved into your big new house complete with a 50 year mortage, its no problem.
They want to be happy and secure in that belief that nothings wrong.
The government politicials keep telling them its fine nothing to worry about. What lies they tell to keep you in the dark.
I still believe China will be the key player of the next decade because they are cash rich. There vast foreigh curreny reserves are now rising at an annual rate of $500 billion dollars a year.This is at a time when the West is going in the opposite direction.