Bruce_T_Laney
Platinum Member
- May 27, 2014
- 35,236
- 6,385
The problem with the markets has to point to China right now.
I hear that often lately. Next I hear $120b per year exports to China, out of $18T economy? small problem here unless it tanks WW? Last I heard China been growing 6-10% GDP? is that annual?
The annual GDP for China in 2014 was 7.35. Major issue with China at this point is the unknown how much actual debt they have and the fact their economy is based on a bubble.
China Is Headed for a Debt Meltdown Like the U.S. in 2008 -- But Worse
The China Syndrome