Friday, June 15, 2018

"Trade War With US Could Be The Tipping Point For China's $14 Trillion Debt-Ridden Economy"

This Cycle: It's Not The Economy, It's China, Stupid

Dear Ger,

7-8 years ago, while hanging out in Puerto Morelos with Danny, we ate with the son of a former U.S. embassy official in Beijing.

The fellow was a grown man now and had retired early after making a quick fortune by speaking Chinese fluently, having connections and "knowing Chinese culture-and-ropes."

He spoke laughingly of the fake numbers China uses to "decorate" the public face of Beijing's finances, and said "it's just a matter of time" before the truth gets out and it all comes crashing down.

Check out the following article --"Trade war with US could be the tipping point for China’s $14 trillion debt-ridden economy" --
particularly the section titled "Bigger Than The Financial Crisis" -

Pax et amore,


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