Being from India, I have a better (actually much better) than average understanding of the social crisis that is brewing in India as the wealthy continue to get filthy rich while the 800 million poor people are trampeled under by the filth of society. The same is true in China, which has accumulated vast dollar reserves on the backs of the slave labor of 1 billion serfs. As the Western markets for Chinese and Indian goods dry up, the Economic nukes that will go off in both countries will devour the ruling class as the destitute serfs rise up to fill Red China with a blood red revolution. I have written about this in the past many times; it seems that the mainstream media is now wising up to the desperate situation in these bogus economic miracle nations, at least some of the mainstream media; the majority of the media talking heads are still blowing hot air that China will save the day for EurUSA whereas it will not even be able to save herself, and neither will India. I would say that the odds on a civil war in India and a revolution in China within the next 5 years are astronomically high. And if the banking system does implode due to the Sovereign debt crisis or a million other catastrophes in the making that can make it go pop, it may happen in 5 months.
Image: wiki commons
Here's the part he's talking about:
In private conversations, many of the people who supposedly make up the ruling elite of China express serious misgivings about the direction and future stability of the country, while admitting that they feel largely powerless to affect meaningful change.
“There is a sense that we are approaching an inevitable breaking point, when the pressures in society will boil over and consume the rulers,” says one Chinese banker with close ties to a number of powerful political families.
“Almost all of the elements are in place for an uprising like we saw in 1989 – corruption is worse today than it was then, people feel they can’t get ahead without political connections, the wealth gap is much bigger and growing and there has been virtually no political reform at all. The only missing ingredient now is a domestic economic crisis.”'
Read more: http://www.businessinsider.com/china-elite-talking-about-a-revolution-2011-11#ixzz1dGkDNfJI