🚨 🚨 🚨 BREAKING: SHANGHAI COMPOSITE TUMBLES AFTER MOODY'S DOWNGRADES CHINA CREDIT OUTLOOK TO 'NEGATIVE' FROM 'STABLE'

[Indos]

It's not - it's growing at measly 2-2.5% after spending like a drunk sailor. Household saving are down, real wages are down, manufacturing is down, credit card debt is at record levels, inflation is eating into income levels. US is taking massive amount of debt to push for growth. US now takes $5 of debt for every $1 of GDP growth. Extremely inefficient spending (not to mention this is nominal GDP, not real GDP) which actually makes it even more worse.

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Now the new debt US is taking is at a much higher interest rate. Which means higher interest payments - now it's higher than your defense spending as well.

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A look at the spending deficit is enough to understand the state of economy. Just the results of past fiscal was released, and the deficit was $1.7 trillion. It's easy to have growth when you spend like this.

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As for Dow, S&P 500 those are indices and not real money. US market is hyper inflated, and always has been inflated compared to rest of the world. In fact, there is an index which captures that - Buffett Indicator

Buffett Indicator Shows Stock Market is Overvalued

The Buffett Indicator is currently 44.17% higher than its historical average, signifying that the stock market is Overvalued.

www.currentmarketvaluation.com

US stock market is significantly over valued.

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Nice analysis...

 

[VkdIndian]

Papa Xi has messed with the major powers of the world. He thought too big of himself.
All these are result of that larger than actual image of himself.

Chinese bots wouldn’t agree though and call names.

 

[etylo]

Papa Xi has messed with the major powers of the world. He thought too big of himself.
All these are result of that larger than actual image of himself.

Chinese bots wouldn’t agree though and call names.

Lol, cow piss drinkers and supaman Modi have much bigger ego than Xi.

 

[Han Patriot]

There's nothing wrong with me, I'm happy that the Chinese economy is in free fall. That's all.

Btw fck your dog lmao

Calm down hero. China had been collapsing for the past 30 years. This is enough to get you a hard on? Hahahha, then you might ejaculate with Gordon Chang mate. Lol

 

[VkdIndian]

Lol, cow piss drinkers and supaman Modi have much bigger ego than Xi.

All the bots like you have to scour the social media, spot anything posted against Papa Xi and jump in to defend him to save your kidneys.

Look at your language. Must be a slum dweller.

 

[Han Patriot]

Papa Xi has messed with the major powers of the world. He thought too big of himself.
All these are result of that larger than actual image of himself.

Chinese bots wouldn’t agree though and call names.

Are you saying we must be docile like yindoos? 2 years ago, I still remembered Indians saying China will be forced to pay the world trillions due to covid. Hahahaha. 6 mil dead Indians later, you are back to economic collapse? You do know we are still growing at 4 to 5% a year right. Lolol

 

[etylo]

All the bots like you have to scour the social media, spot anything posted against Papa Xi and jump in to defend him to save your kidneys.

Look at your language. Must be a slum dweller.

You people have too much of the good stuff cow piss to be that delusional about China all the time. In Chinese eyes, your masters US, Russia and EU are indeed major powers of the world, but your shithole la la land is not one of them, too bad.

Illegal organ trafficking in India – DW – 08/04/2021

In India, the illegal purchase and sale of organs and the drastic shortage of voluntary organ donors are a growing problem. It benefits the rich at the cost of the poor. Sumanta Das decided to sell one of his kidneys – to save his son.

www.dw.com

 

[Nan Yang]

Lol, cow piss drinkers and supaman Modi have much bigger ego than Xi.

You just swallowed a bait. Gosh just ignore these troll baiters.

 

[Haldorss]

Anglo-Saxon enemy downgrades China. Never downgrades Anglo-Saxons.