The Economic Situation in China has recently been attracting more attention, as a result of several economic indicators showing worrying signs.
Despite it's robust growth over several decades, there have long been worries about how much has been fuelled by unsustainable amounts of debt, money printing, and the resultant over-production / malinvestment, particularly in the all-important real-estate sector.
That said, many opportunities have been missed, and many macro commentators embarrassed, by predicting a 'China crash' that never comes.
Given the precarious economic situation that prevails everywhere in the world today, as well as China's massive influence on the global economic situation, I thought it would be interesting to dig into it with two experienced commentators.
Peter St Onge is an economist at the Heritage Foundation and Fellow of the Mines Institute, who has recently been on the bearish side of China's situation.
Peter Alexander is a 30-year China veteran and founder of Z-Ben Advisors, and generally tries to bring nuance to what he believes to be incomplete or biased 'Western' perspectives on China.
More from Peter St One:
More from Peter Alexander:
More from me: TWITTER: http://bit.ly/2P7PUjA YOUTUBE: https://bit.ly/3aBbZxg MEDIUM: http://bit.ly/2Zk0Dex SUBSTACK: Money Messiah VIDA: https://vida.page/johnkvallis NOSTR: npub1cqm6dztalp4l6n04f9k20c333xftgangjla337736dr6faz9na0qf2hjec To buy Bitcoin in the US with zero-fees, purchase hosted mining rigs, and access their Lightning Services platform for developers, visit partner.river.com/JohnVallis If you're in Canada, use this link (https://t.co/npfGxWKO26) to buy bitcoin with Bull Bitcoin, and receive $20 free when you first fund your account with $50 or more (and buy bitcoin with it). Once you buy bitcoin, taking custody of it is extremely important, if you want to maximize the benefit of this unique asset. The Coldcard hardware wallet is one of the most popular and trusted devices for doing just that. Buy one, and learn more about the great features of this wallet, as well as all their other awesome products, at https://bit.ly/3Zd60Ym & use the PROMO CODE 'VALLIS' for 5% off.