China’s economy is in crisis.
That’s not NEW news. It is a story that made headlines during much of the last year.
Nor is it surprising. Macro Watch has made at least 20 videos explaining why China’s Great Economic Boom would inevitably bust.
However, suddenly, it seems that the entire world has woken up to the fact that the country that was the world’s most rapidly growing superpower is no longer growing.
Therefore, this is a good time to review why things are now going so terribly wrong for China and its economy.
The new Macro Watch video does this by focusing on China’s most glaring economic troubles, including:
- The catastrophe in the country’s all-important property market,
- China’s shrinking population, and
- The exhaustion of the country’s economic model, which is based on producing far more goods than its population can afford to buy and exporting the surplus abroad.
Making matters much worse, these very serious threats to Chinese economic stability are taking place at a time when China’s most important trading partners, the United States and Europe, have come to view China as a geopolitical threat and, accordingly, are taking steps to decouple from China.
In combination, these troubles appear far worse than those that put an end to Japan’s economic growth in the early 1990s.
China’s economic crisis will have far reaching consequences.
Macro Watch subscribers can log in and watch “China: Coming Off The Rails” now. The video is 18 minutes long and contains 50 slides that can be downloaded.
If you have not yet subscribed to Macro Watch and would like to, click on the following link:
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A new video will be added approximately every two weeks.
Finally, to see a list of the 20 other videos Macro Watch has published on China’s economic troubles, CLICK ON THIS LINK to Videos By Topic and scroll down to China.
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