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Giuliano Giacaglia 🌲
@giu
It is nice to start to see others, like Ray Dalio, catch up to what I've been saying for a while. China's economy is slowing down. They have over-leveraged their economy, and it is hard to see their economy not slowing down even with the increase of car exports and other tech products!
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Giuliano Giacaglia 🌲
@giu
Sources: 1) https://www.linkedin.com/pulse/china-100-year-storm-horizon-how-five-big-forces-playing-ray-dalio-wysbc/ 2) https://www.scmp.com/economy/china-economy/article/3256967/xi-jinping-chinas-central-bank-restart-treasury-bond-trade-after-2-decade-hiatus
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stringtheory
@stringtheory69
generated this AI article as a test from your cast and it's pretty cool - https://citizentimes.xyz/article/364
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autocrat 🎩
@autocrat.eth
The mainstream media/major economists who stated china would become the economic hegemon while their economy was built on fake gdp data from corrupt chinese councilors and an open housing ponzi scheme building skyscrapers in the desert.
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JackyHKL
@jackyhkl
I think the Chinese government cannot solve the problems easily. But the only solution is to ease the monetary policy like 2008 US. It is risky but deflation will definitely kill the economy.
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Patrick
@patrickjpatten
Ray is a clown. He completely writes off the lurch to the right chinas politics have moved.
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