(17-07-2024, 07:25 AM)sgbuffett Wrote: A detailed look at China's recent economic numbers shows a sharp slowdown.
There will be deniers, china fans and propagandist who will keep playing up China but in actual fact Chuna economy is in trouble.
Stupid propagandist.
US has almost US$5 trillion treasury debts and all the new debts cannot be sold as most nations have doubts of US ability to payback and the economy is on the brink of collapse.
GDP is sliding to less than 2% GDP growth. The economy is sustained thru mass printing of currency.
Most countries are selling away US treasury bonds. Yellen visited China twice trying to persuade China to buy US bonds without success.
Yet, your lies keep twisting the facts. If China is collapsing, Yellen needs to beg "beggar" China to by US bonds?
The interest payments per year is USD 1 trillion which is larger than US defence spending.
A country with no money for paying interest or to maintain the military expenditure won't collapse?
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