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  • Don't Fall In The China Trap: It could be part of a collapse of the global monetary system.

    11/21/2025 9:27:32 PM PST · by SeekAndFind · 37 replies
    Daily Reckoning ^ | 11/21/2025 | James Rickards
    Is the Chinese economy collapsing? Or is something worse waiting in the wings?The short answer is that we could be looking at something much worse than a crashing economy. China could be part of a collapse of the global monetary system.We’ll begin the analysis with the latest official economic releases from China. These releases showed some of the weakest performance by the Chinese economy since the 2020 pandemic collapse.Things Aren’t Looking GoodIndustrial production growth for October declined to 4.9% (year-over-year) from a prior level of 6.5%. This was the weakest reading since August 2024. Some sectors receiving state support such...