Comments by "Vale Tudo" (@valetudo1569) on "China Latest: Manufacturing Unexpectedly Shrinks, Services Miss Estimates" video.

  1. Those guys are so balls deep in China that it affects their analysis...they think all of this is a cyclical issue. Michael Pettis, who is a professor at Peking University, has the best take on the Chinese economy I've seen. According to him China has a structural problem and many years ahead of a very painful rebalancing process of debt fueled mal-investment and yes, the pain has only begun.
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