No problem here- everything under control
We can fix it; we just need to move a few more industries there.
When the world economy dives, we all dive. Then its a race back up to the top until the next one topples. I sure hope the rich all get richer off of this.
Everything they know about a Stock Market, they learned from Lehman Brothers and AIG consultants.
And thanks to the new world economy, if the Chinese fall, we go down with them. And, as Blawt and Wolf allude to, above, the wealthy elite will come out even richer than before!
“6.9% growth is nothing to sneeze at.”China has had double digit growth rates for a long time. This is a serious slowdown. The full impact is yet to be seen & it could get messy.The leaders have managed to preserve the authoritarian regime by showing they can bring prosperity. There are still huge numbers of people who aren’t part of the import production machine that powers China’s economy. They’ve basically peaked out how much they can produce for export, so few jobs are being added.China also has a history of fudging the numbers to fit political needs that make the accusations about our government altering numbers look trivial. There’s a silver lining for us. Exports are a relatively small part of our economy & exports to China account for a “whopping” .8 percent of our GDP.
April 12, 2017
August 08, 2017
August 01, 2017
September 22, 2017