Jim Martin
Well-Known Member
China has already won, we just can't admit it. They have a massive trade surplus, we have a massive deficit. They have eliminated extreme poverty, our homeless population is skyrocketing. Over 85% of Chinese consider their country a democracy. In the US, that number is only 50%. Chinese enjoy almost 90% home ownership, with roughly 85% of homeowners owning their homes outright (no mortgage). In the US private equity is buying up all the houses and turning us into a nation of renters. As recently as 2000, the US was the world's leading trade partner. Now that title goes to China:Didn't say DJI was going to collapse, China, the country is going to collapse, it's already started, Anyone that pays even a little attention to global economics knows this. ...
