China Growth Falls Below 7% Again for 25 Year Low! Will China CRASH?
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Comments
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But China has 1,000,000,000? I'm Korean Canadian. And I'm not sure China growth could fall.
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if they do, they will do a credit default swap with their gold.
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There is no way China should still be growing. Makes no sense. There is something else going on here maybe? Or am I in my own little bubble here?
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If China can't prop up the US, who will??
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How much does a Chinese downturn affect Canada and America? Argentina? Greece? Cyprus? Italy? etc
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Harry Dent said China will be worse than Somalia in the next five years. They have the greatest bubble in human history.
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I don't understand how anyone can believe any stats coming out of China. You cannot in any way separate their financial babblings from their psychopathic government. If a provincial leader reports anything financial that in anyway differs from what the communist party wants, he's a dead man; literally. No maybe about it. So it's all bullshit, every damn word. China is not transferring from a manufacturing, exporting country to a consumer based economy. No damn way. China is not growing. It's going down the toilet faster than any country.
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it is apparent that change is coming to the whole world, a major population adjustment is inevitable. be prepared to be self sufficient. the government will not be there to help. do it for ur Family. god help us all.
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I agree with your astute financial commentary.
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I know I am off subject but I'd like to get your thoughts on why now why they admit in this timing what is already known...
http://www.bloomberg.com/news/articles/2016-04-13/deutsche-bank-settles-silver-price-fixing-claims-lawyers-say -
Dave, what are your thoughts on China supposedly moving to SWIFT system on April 19th and announcing it will officially back its currency with gold?
Many analysts are running around doing interviews saying there will be massive devaluation in the USD and likely be bank holiday as a result of all the US treasuries/dollars coming back home. -
china massive unreported gold reserves. china in my view understands the systemic global change about to commence where all fiat money dies and the return of the gold standard. i look forward to the new future. total bummer that the change will be horrific and we may not live thru it but it will be a chance for humanity to free ourselves from the cabal.
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China just posted strong export data easing fears of a crash. If we read your title to mean that growth is slowing and not our economy, it doesn't sound so bad. People make the mistake of assuming that China's economy is contracting when it's actually growing more than any other major economy on earth.
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Thank you!
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Does anyone believe anything the Chinese government says?
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I'm listening to you and I look over at CNN and the headline was China growth UP. what ever the bought and paid for Media says the opposite is true.. I know I know, why the hell am I watching mocking bird media.... well... it's the funniest show on tv
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E PLURIBUS UNUM means more than one way to skin a cat. Money is time and energy spent on the things in life that you enjoy, like food, folks and fun. Numbers, tokens,and paper promises are instruments of destruction disguised as money.
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Alan Greenspan helped launch this crap rocket into orbit. His guilty conscience must be killing him at night.
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more like 3.5% when you factor everything in I'm guessing. Great report. Thank you!
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