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China’s 40-Year Boom Is Over! Unpacking the Downturn ft. Peter St Onge
China's 40-year economic boom appears to be over, with signs of deflation and a potential extended downturn. In this video, Peter analyzes the reasons behind China's stalling economy, the government's panic response, and the impact on its citizens' confidence in the regime. As the Chinese government clamps down on internet companies and financials like Alibaba, regular Chinese are losing confidence in the government's ability to handle the situation. With shrinking private enterprise, drying foreign investment, and rising youth unemployment, China faces significant challenges ahead.
Peter St Onge from @Profstonge has granted us permission to upload this video for our audience.
Peter's Twitter: https://twitter.com/profstonge?s=20
Peter's Substack: https://stonge.substack.com/
Peter's Website: https://peterstonge.com/
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DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.
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