China – the New Economic Power…

30 Jul

Just Sayin’..

Whether it is bank loan losses escalating, shadow-banking stress, real-estate corruption, dismal retail spending, the shrinking textile industry, the artificial production in the crushingly slow metals industry , the construction industry’s contraction, or the massive ‘50%-above-demand’ channel-stuffing now occurring in the Chinese auto market, Diapason Commodity’s Sean Corrigan succinctly notes…

What we need is a government controlled economy – just like China!

“Why aren’t we rebuilding America?” Warren, a Democrat who is challenging Senator Scott Brown, says in the spot. “Our competitors are putting people to work, building a future. China invests 9 percent of its GDP in infrastructure America? We’re at just 2.4 percent.”

 

You didn’t build that …

 

Zero Hedge

 

 

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