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Comments by "oltedders" (@oltedders) on "China's Great Slowdown" video.
@AJ-iu6nw The world has grown tired of China.
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Confidence is not the problem.
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5.5% is a fake number. Lifting the people out of poverty was a 40 year joyride paid for on a Ponzi scheme. If you want something from China, get it now. That factory is probably already closed. China's economy is a clearance sale trying to stall putting up the GOB sign for as long as possible.
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@davisutton1 What you're suggesting is for China to become a Communist country.
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China missed the boat on becoming a Communist country. Their 40 year plunge into capitalism has ended.
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China is posting fake numbers again. GDP was more likely negative growth. Youth unemployment is actually 46%.
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Confidence has nothing to do with the Chinese economy. Chinese growth was built on a 40 year Ponzi scheme.
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