Will China's Economic Slump Create A Global Recession?
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Is China's Economy On The Verge Of Collapse? http://testu.be/1iA2lzs Subscribe! http://bitly.com/1iLOHml China's economy is, on a downward trend, and some countries starting to feel the effects. So, how dependent is the world economy on China? Learn More: Investing in China: Why Now and How https://www.jpmorgan.com/cm/BlobServer?blobkey=id&blobwhere=1158632456716&blobheader=application%2Fpdf&blobcol=urldata&blobtable=MungoBlobs "In the days ahead, May 9-10, leaders from the U.S. and China will gather in Washington, D.C., for a 'strategic dialogue.'" Brazil falls deep into recession http://money.cnn.com/2015/08/28/news/economy/brazil-recession/ "Its currency is plummeting, unemployment is rising, its stock market is down 20% from a year ago and its president, Dilma Rousseff, has an 8% approval rating -- the lowest since 1992 when Brazil's president was impeached." After historic 1,000-point plunge, Dow dives 588 points at close http://money.cnn.com/2015/08/24/investing/stocks-markets-selloff-china-crash-dow/index.html?iid=EL "After an unprecedented 1,000-point decline at the open on Monday, the Dow closed with a loss of nearly 600 points." China devalues yuan currency to three-year low http://www.bbc.com/news/business-33858433 "China's central bank has devalued the yuan to its lowest rate against the US dollar in almost three years." Music Track Courtesy of APM Music: "Continuity" Subscribe to TestTube News! http://bitly.com/1iLOHml _________________________ TestTube News is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubenews Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq Special thanks to Jules Suzdaltsev for hosting TestTube!
Comments
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Solution is very simple mate, stop trading with China, increase local production while making it cheap and promote regional trade instead. Stop relying on those cheap Chinese products and export products to other countries nearby.
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it's all based on food. if you study the great depression on your own and try to figure out the exact cause of why it happened you will dig threw a lot of red tape n mindless facts n figures. drought food shortages overpopulation. If it costs more for food everything else tanks.
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Do a video about how powerful is seedier daily's biased ideas
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hey where's the hot chick Lisette
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Baked
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Blame china for the global recession while wall street vanish all your investment.
Nice try. -
There is a saying, when u run fast, you fall hard. That's what has happened to china. It was flooding market by creating artificial demand for it's self as well as for other country. And now when it falls, it will take others along. But this can be opportunity for US to bring back its production to it's own land and grow the demand at a moderate rate. This will keep our unemployment rate low and demand for local goods high. The citizen's can also additional steps but buying & promoting to consume home grown and produced product.
Would appreciate to see other's comment on this?
Cheers!
Bobby -
Would love to see a video on the phony job numbers that are seasonally adjusted.
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This is the problem with globalism; every one has to rely on each other to be economically stable, but one thing goes wrong the world economy could collapse.
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growth speculation and actual growth are never what is reported, almost always they are exaggerations, while recessions are the result of overvaluation and overestimation. stock trading is a gambling racket, and the dealers are cheating.
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If the situation will get worse, gold is expected to rise, as people tend to invest in safer stuff then stocks in times of turmoil...
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i bet the next super power will be island
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this is propaganda. were not having gobal problems bc of china were having problems bc all of the currencies in the world are back by debt.
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Capitalism collapses every 6-7years. 2000-0'1 .com bubble burst, 0'8 housing market crash, 2015 crash in china and a potential collapse on wallstreet as well. Y'all the you'd've gotten used to it by now stopped 'n' making such a big deal out of it when the market enters a severe recession which is literally an integral part of the capitalist business cycle. Like it was you fucks who didn't want any of that socialism shit so stop flipping out when your whole economy collapses every decade or so.
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Finland's economy descended into recession in the last quarter of 2014, for the third time since the financial crisis.The total output is at the 2006 level and the economy has been in a continuous descent since the end of 2008. (From 15.6.2015 Lähitapiola Press Release). So it's been a shitty decade soon over here more or less.
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How powerful are the drug cartels?
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dude the western economy is also effected but you will not show this because you do not want to show the dark side of western economy , which is so fragile at this time but with several media houses (owned by you) you are day by day mind washing every citizens of developing nation that ONLY CHINESE economy is hard hit & WESTERN economy is in good condition. .
As most of the media houses are controlled by USA only or other western countries. . -
ZUMG, TEH WURLD IS ENDING UN SEPTEMBUR 23TH, EVEREH1 ACSEPT JESUS AZ YOOR LORD N SAVIYOR, TEH DEVIL N TEH END IZ CUMING HEYRE! TEH DEVUL IZ CUNTROLING CHINA, TO CREYATE A GLOBUL RESESHIN!
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A country can not grow forever. Our economy system is based on crisis and rebuilding. That's how wealth is resetted so everything can start by zero again.
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China is a kid that got job after high school. US is a graduate, countries like India are still in college. Slowly graduating, sometimes can't afford to pay his fees.
But graduates will in the end make more of it.
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