Great article from ZeroHedge. China not doing anywhere as well as their posturing indicates. Their economy is about to be in deep trouble.
π EYES ON! π
Hey everyone,
Here is the article: https://www.zerohedge.com/markets/chinas-economy-suddenly-disintegrates-land-sales-crater-90
He summed things up nicely at the end: "Bottom line: Beijing is facing an economy whose wheels have suddenly come off, and unless China's political elite is willing to unleash another massive monetary and fiscal tsunami and bail out the economy all over again - something Beijing has repeatedly vowed it won't do this time - a hard landing, whether or not accompanied by a Volcker Moment, is virtually guaranteed."
I'm sure all the pedes here will have much to discuss about this.
https://m.youtube.com/watch?v=RpwtZLzDM_o
Laowhy86 said it well. I posted this recently. Itβs more validation.
Good video! ?backward going ships all Why. Interdasting!