In your opinion, is a potential failure in China a catalyst for the Global Economic Collapse?
The global economy is weak. We’ve seen the numbers weakening since 2018 and beyond. Some have picked up in 2019 but ultimately, most hard data looks very dismal. If the US stock market continues to increase, and the unemployment rate inches closer and closer to 0, the Fed will run out of excuses not to increase rates. We’re in for an interesting one ahead.
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Cash-strapped China Minsheng Investment seeks money from its employees – Reuters
China defaults hit record in 2018. The 2019 pace is triple that. – BNN Bloomberg
https://www.bnnbloomberg.ca/china-defaults-hit-record-in-2018-the-2019-pace-is-triple-that-1.1255249
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