When China, the second largest economy in the world sneezes the world economy catches a cold…the U.S.A is usually the primary catalyst and we can already see the American markets weakening now. Within 6 months the U.S market is going down, already we can see many stocks taking a huge hit.
There is lots of real estate debt in China and it’s a property bubble over there and it is just a matter of time before that pops. At the same time factories over there are already slowing down due to lower demand. No matter how you slice it, the world is heading for a economic slow down. Just look at a chart of Dr. Copper over the past year or so…copper as a commodity is a leading indicator of economic activity.
by Das Brain
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Tags: 2015, Cuts, for China, Growth Forecast, World Bank
