Just from what I read of what is showing at the top of this thread, “China” and “Chinese” is mentioned ten times. I guess the author would rather that the takeaway for readers should be more about them than us.
When we shipped our jobs to China we put ourselves in a permanent recession so the gloBULL downturns don’t hurt as much and the upturns don’t feel as good.
I guess it’s a good thing the stock market will be closed on Monday. ;-)
LOL! So, they are finally going to tell the truth?
And even that report will be an inflated Communist lie.
[China’s annual fourth-quarter GDP likely slowed to 6.8 percent from 6.9 percent in the third quarter, the weakest reading since the global financial crisis, while full-year growth is seen at a 25-year low of 6.9 percent.]
We’d love to have a GDP of 6.8%. Our expectations are so low that we don’t ever think we can get there. The Obama economy is the new normal.
Yet one more reminder that command economies don’t work.