Reports of Chinese police shooting protesters are coming from multiple sources now. Google News and YouTube have been blocked in China. All journalists have been thrown out of Tibet by the Chinese government.
But the repressive, thuggish Chinese government isn’t the real threat, says Global Guerrillas.
The real threat is that China is an dynamically unstable system that is in deep decay. [It is] rapidly growing but is almost bereft of social, health, environmental, security, and trust systems that dampen the impact of critical shocks.
So, what happens when China’s high performance, globally connected capitalist economy which is flying at dangerously high speeds hits the inevitable speed bump? The answer is: it will derail (hollow out and fragment).
Plus, they have no experience with the boom / bust cycle of capitalism, which will make their coming crash even more jarring and unexpected.
Actually they do have a little experience. China’s been going through booms and busts for about 3,000 years. The current administration hasn’t– but then, neither has ours.