Cathie Wood: China’s COLLAPSE Is FAR Worse Than You Think
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China has grown to become an economic powerhouse over the past two decades. Not a single country in the world has experienced the same level of growth as China. Economists worldwide see China surpassing the US as the world’s most dominant superpower, but what if I told you that the entire growth of China was all a bubble? That’s what the CEO of Ark Invest, Cathie Wood, thinks, as she likens the growth of China to Japan’s 30 year economic disaster in the early 1990s. Just like Japan’s GDP that was spearheaded by a real estate bubble, China is currently experiencing the largest housing bubble in history. In this video, I’ll cover from top to bottom how the world is about to wake up to China’s destined collapse.
Over the past 20 years, China’s economy has grown substantially but a co
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