KEK@Good insight…I've been saying this for almost a month now…Figure it out…Clinton and Company/Congress sold us out to China. at least 25 years ago….Trump and Q-Team undid it just about over night…NOW the U.S is India's largest export nation…Cutting Financial Strings ..KEK
China Faces Financial Armageddon With 85% Of Businesses Set To Run Out Of Cash In 3 Months
For the past two weeks, even as the market took delight in China’s doctored and fabricated numbers showing the coronavirus spread was “slowing”, we warned again and again that not only was this not the case (which recent data out of South Korea, Japan and now Italy has confirmed), but that for all its assertions to the contrary, China’s workers simply refused to go back to work (even with FoxConn offering its workers extra bonuses just to return to the factory) and as a result the domestic economy had ground to a halt as we described in:
China Has Ground To A Halt: “On The Ground” Indicators Confirm Worst-Case Scenario
China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero
Terrifying Charts Show China’s Economy Remains Completely Paralyzed
Unfortunately, it’s not getting any better as the latest high frequency updates out of China demonstrate:
https://www.activistpost.com/2020/02/china-faces-financial-armageddon-with-85-of-businesses-set-to-run-out-of-cash-in-3-months.html