China’s Response To Evergrande Is Angering The West
Evergrande has filed for bankruptcy but does this mean China’s economy is about to collapse? China always had a real estate problem and instead of stimulating, they are actually trying to ride the wave towards a stronger economy. While this is bad for the global economy in the short term, it’s actually good for China long run. Here’s what you must know!
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✅ Timestamps & Chapters:
0:00 Is China Collapsing?
2:27 The Evergrande Crisis
4:44 Contagion Effect Coming?
6:56 China’s Real Estate Pain
9:24 No China Stimulus!
11:48 Global Recession Coming
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The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.
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