China Is In Trouble – “China builds real estate for a shrinking population, invests for an over-indebted client (the US, which even insists on a drastic reduction of the bilateral trade deficit) and finances all this with money it does not have.”

Authored by Ronald-Peter Stöferle and Mark J. Valek via The Mises Institute, Before we discuss the economic situation of China, a few words about China’s strongman, Xi Jinping. The “new … Read more