08-25-2015, 12:20 PM
Everyone ... smell the sweet aroma of the coffee at any one of the thousand or so Starbucks in China.
There is no SLOWDOWN in China.
There is still very high GROWTH of a huge economy ... the second largest in the world with GDP at $10.5 Trillion per year.
Reality is that after thirty years of averaging 10 percent YOY growth, that level of increase cannot be sustained.
My gosh, the Chinese economy may only grow 5% this year ... that's not a SLOWDWN.
The current recession in the US is a SLOWDOWN.
This is DRIVEL coming from Anal-ists who are trying to protect their SHORT positions.
There is no SLOWDOWN in China.
There is still very high GROWTH of a huge economy ... the second largest in the world with GDP at $10.5 Trillion per year.
Reality is that after thirty years of averaging 10 percent YOY growth, that level of increase cannot be sustained.
My gosh, the Chinese economy may only grow 5% this year ... that's not a SLOWDWN.
The current recession in the US is a SLOWDOWN.
This is DRIVEL coming from Anal-ists who are trying to protect their SHORT positions.
Drivel Maven with Personality