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Old 01-14-2019, 07:52 AM   #1
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China reality check

Trade data shows Chian's economy has nosedived:

https://moneymaven.io/mishtalk/econo...k-gOrFjGJ5ORw/

Looks like 2019's global shit sandwich is heating up.
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Old 01-14-2019, 10:11 AM   #2
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That's not good for us at all. We need China like they need us to buy their products. We have a very important symbiotic relationship.
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Old 01-15-2019, 03:36 AM   #3
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Then why is the US pivoting away from Russia as enemy and now seeking to make China enemy no 1 ?

Is it because Russia doesnt fall for the bait and China can be goaded by a potential 'loss of face' ?
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Old 01-15-2019, 07:19 AM   #4
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lulz.. A lot of folks over here think our current President is a Russian stooge. But assuming that he isn't, Russia has the military, but not the economic clout. China is (soon to be was?) the economic threat.
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Old 08-07-2019, 08:55 AM   #5
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I rarely quote KWN here because they are generally over the top with their gold pumping rhetoric, but I saw today where they quoted a couple of comments from Kyle Bass who I generally respect as sharp dude. He had an interview on CNBC where he essentially says that China doesn't have the Treasury Reserves everyone thinks they have because they have been selling them (using forwards) to prop up the Yuan/economy and now they are facing a crunch:

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