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Articles Referenced In The Video; All Of These Articles Can Also Be Found On My Patreon For Those Stuck Behind A Paywall: https://www.patreon.com/StoicMedia
https://www.bloomberg.com/news/articles/2021-10-20/china-home-rut-deepens-as-prices-fall-for-first-time-since-2015
https://www.bloomberg.com/news/articles/2021-10-19/china-s-property-sector-contracts-for-first-time-since-pandemic
https://www.forbes.com/sites/nicksargen/2021/09/20/chinas-property-market-at-the-brink-not-a-lehman-moment-but-an-economic-threat/?sh=198f3d8ab968
https://www.businessinsider.com/china-housing-market-explainer-cost-debt-wealth-evergrande-impact-2021-9?r=US&IR=T
China has grown into a behemoth in recent years, and it’s gotten to the point where the world now believes it’s only a matter of time until China is the largest economy in the world, the richest country, and the worldwide hegemon. And while that may all come true eventually, the reality is that China seems to be following a path similar to Japan, as opposed to the United States. The world once believed that Japan was destined to do what China is seeking to do today, but it all fell apart, as the entire country fell into a 30 year long economic disaster that started with a real estate bubble. Well, it’s my belief, and Cathie Wood’s belief as well, that China has already crashed, that this disaster has already started, and that it’s just a matter of time until the world realises what is really going on. Today, I’m going to show you my deep dive into the reality that is the Chinese economy, and the reasons why its collapse has already begun.
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