China’s economic slump is sounding alarm bells across the world
Monday, 28 August 2023 China's economic slowdown is causing concerns globally, with a significant impact on trade and financial markets. China's imports have fallen for nine out of the last ten months, affecting countries in Africa and Asia. The country's deflation, with falling producer prices, is beneficial for countries battling high inflation, but a prolonged slowdown could harm the global economy.
China is looking to drop an economic bomb on the U.S. economy. We see China selling off U.S Treasuries, to force interest rates up, and crush the American government's ability to pay that interest on treasuries. Our national debt skyrockets again, thanks to China and the Chinese Communist...
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