Wall St. For Main St., Released on 12/29/21
A 13.5% official producer price index (PPI) number in China is not the real number.
China has a big inflation problem and it’s pushing up prices worldwide www.cnn.com/2021/11/10/econom…
Real estate prices are falling, many industries are announcing that they will fire up to 30% of their work forces soon and Chinese retail investors have limited investment options.
China Injects Most Cash in Two Months finance.yahoo.com/news/china-…
China Insights YouTube Videos:
1) The Unemployed and semi-unemployed might reach 300M+ people/Newly unemployed in 7 industries youtu.be/lk6lkW4A7Ec
2) China’s Central bank is injecting capital, but difficult to save the crisis/housing marketing slumps youtu.be/5hi60l4mTZk
3) Next Evergrande? $900 Billion in debt, 24 million loss per day, the highest of its kind in the world youtu.be/eLCa6Vl7EeQ
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Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.