China's $50 Trillion Debt: Is a Japan-Style Slowdown Imminent? ft. Peter St Onge

In this video, Peter discusses the latest data indicating a significant slowdown in the Chinese economy. With consumer prices remaining flat and producer prices experiencing a 5.4% decline, China's economy is facing challenges. The Chinese stock market has been stagnant for close to 15 years, and this trend is a result of multiple factors. Chinese consumers are not buying, while a global recession is impacting commodity prices and exports. Additionally, President XI's policies have negatively impacted the Chinese economy, with GDP growth averaging around 5 percent, compared to the much higher figures achieved by previous presidents.

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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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