Comments by "Vale Tudo" (@valetudo1569) on "China will continue to struggle with weak demand for the rest of the year: Professor" video.

  1. GDP is a horrible measure of value creation, especially in a state run economy focused on that number rather than real value. I live in China and jobs are hard to find right now - not just where I live but in most places. Wages are flat or actually down. How can this be possible in an economy growing 5%? Because if you dig a hole and fill it with cement - that is also GDP, but it gives very little value.
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  2.  @roberts2697  I love these nonsensical comments from people who don't understand trade surpluses and deficits. I'm not even going to waste my breath trying to explain to you the stupidity of your comment. Go look up Michael Pettis and read a little bit about what his argument is, come back to me, and then we'll talk.
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