While China is posturing like they’re ready to go toe-to-toe with the United States in a full-fledged economic war, they are hiding a very big secret which suggests they absolutely ARE NOT.
An economic expert is warning that EVERYTHING about China’s economy suggests it is collapsing before our very eyes and they’re trying their best to cover it up.
According to a recent report in the Wall Street Journal, the Chinese have stopped publicly sharing all of the most crucial data used to determine how strong an economy is.
“Land sales measures, foreign investment data and unemployment indicators have gone dark in recent years. Data on cremations and a business confidence index have been cut off,” the Journal revealed.
The expert, Curtis Chin, pointed out that you don’t typically hide data like this when things are going well.
When asked how he would assess the Chinese economy given the fact that they’re hiding data, China said bluntly that his guess is China’s economy is – “not well.”
He adds that the reports before they stopped sharing data indicated MASSIVE jobs losses which would suggest that the economy was in a ROUGH SPOT.
Why does any of this matter to Americans? Well how can a country with an economy that’s completely in the gutter afford to fight a trade war which will see effectively stop a HUGE portion of their income?
China simply can’t do it. If they fight this battle, they WILL lose… and they’ll lose big time.
Watch the video here to see more about what’s going on in China.
