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China has grown into a behemoth in recent years, and it's gotten to the point where the world now believes it's only a matter of time until China is the largest economy in the world, the richest country, and the worldwide hegemon. And while that may all come true eventually, the reality is that China seems to be following a path similar to Japan, as opposed to the United States. The world once believed that Japan was destined to do what China is seeking to do today, but it all fell apart, as the entire country fell into a 30 year long economic disaster that started with a real estate bubble. Well, it's my belief, and Cathie Wood’s belief as well, that China has already crashed, that this disaster has already started, and that it's just a matter of time until the world realises what is really going on. Today, I’m going to show you my deep dive into the reality that is the Chinese economy, and the reasons why its collapse has already begun.
DISCLAIMERS:
Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favour of fair use.
I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.
