This is interesting, but economies are connected. We also need to remember that millions do not have the same living standard as the west. Europe is a huge market
i agree with Questfortruth86. Worlds economy is so connected nowadays that if one country or continent goes down the rest of the world will go down like a chain one after another.
China's economy is most likely plagued with all sorts of malinvestments and misdirections of resources. There is a lot of evidence for this now, such as the Guangzhou mall (second largest in the world) and the city of Ordos, which are both essentially empty at all times. Their growth is a mix of actual growth (from slight liberalization) and the result of privileged status via monetary manipulation. If I had to guess, and I'm no expert, I'd say their economy is going to explode with ours.
This is interesting, but economies are connected. We also need to remember that millions do not have the same living standard as the west. Europe is a huge market
jayangli 1 year ago
i agree with Questfortruth86. Worlds economy is so connected nowadays that if one country or continent goes down the rest of the world will go down like a chain one after another.
ledererova 1 year ago
haha, u wish
jayangli 2 years ago
this guy is amazing, but whats with the small pony tail?
jayangli 2 years ago
/watch?v=0h7V3Twb-Qk
Questfortruth86 2 years ago
China's economy is most likely plagued with all sorts of malinvestments and misdirections of resources. There is a lot of evidence for this now, such as the Guangzhou mall (second largest in the world) and the city of Ordos, which are both essentially empty at all times. Their growth is a mix of actual growth (from slight liberalization) and the result of privileged status via monetary manipulation. If I had to guess, and I'm no expert, I'd say their economy is going to explode with ours.
Questfortruth86 2 years ago
The beginning of the end.
jackooboy1 2 years ago