China Faces Five Economic Apocalypses

Americaâ??s facing not one but four â??fiscal cliffsâ?: Bush-era tax cuts, Pentagon budget cuts, social-program cuts and the continuing battle over â??Obamacare.â? China, though, has even bigger problems. Five months ago, we quoted World Bank President Robert Zoellickâ??s warning of â??a spreading crisisâ? in China that could consume the $75 trillion global economy. Back then we bluntly asked: â??China? Or America? Who will crash the global economy first?â? Think: China