China is on the verge of recession as it pumps up the printing of money to keep things running. Xi is paying moms to have kids since they don’t any longer.
They are slashing interest rates and down payment requirements, cutting the reserve requirement on banks to get money into the wild, and pouring more into their ridiculous ghost towns.
China might be falling into a zombie economy thanks to an anti-business economy.
When the West stops buying China’s exports, China will go down and send out worldwide inflation.
China could reach out to war as a distraction.
You can comment on the article after the ads and subscribe to the Daily Newsletter here if you would like a quick view of the articles of the day and any late news:
Haven’t we been hearing this for several years, now?
The Chicoms can’t take care of their own country or people but believe they can control the world. Stupid commies and their useful idiots in the western world including the US who are enabling their attempt.
What? Are we supposed to feel sorry for China? Fu#k China. Let their economy burn to ash. Shithead pandemic spreaders. Manufacturing thieves. I hope they all end up back in those blue pantsuits riding bicycles and starving on a bowl a rice a day. I support America First. The sooner we shed ourselves of all these foreign importers with lopsided trade agreements the better.
China makes almost everything we use, from medication to computer chips.
If their economy crashes or if they go to war, it will affect how much we pay for all that and how available those things will be.
In the short term yes, but in the long term when the economy crashes it will make making money a priority, and prices will fall. Were living now in an artificially manufactured economy where the price of everything has been artificially inflated beyond their actual value, that’s why they keep kicking the can down the road with bailouts and printing funny money, to try and keep the price of things artificially inflated. The crooked bankers nightmare is for the artificial economy to collapse and the price of everything to revert to their non artificially inflated value.
I have been hearing that China is on the verge of economic collapse for years.
They are
But
Just like here their fed can keep priming the pump to keep it afloat artificially and cover all the bad debt that can’t be paid off.