China Posted Lowest GDP in 30 Years And Just Lowered 2019’s GDP Forecast (Video)
China Posted Lowest GDP in 30 Years And Just Lowered 2019’s GDP Forecast Video – Silver Report
Economic collapse news. trouble is brewing in the world’s second-largest economy. Especially during the latter half of last year, factory orders and consumption indicators slumped and its housing bubble is close to bursting, China is expected to report later this month that its GDP expanded by 6.6% in 2018 – the weakest rate since 1990.
But the big news is the 2019 growth target has just been lowered to 6 percent meaning the rumors are true. China’s economic collapse is about spread through global markets.
There was an attempt to solve some of the banking issues however through the last half of 2018 they needed to be abandoned in place of tax cuts and encouraging more bad loans to keep this can moving down the road. Exactly where we are now because there is no road left and now contagion is the name of the game.