CHINA’S INCONSISTENT DATA…. – Pragmatic Capitalism

I’ve often discussed inconsistencies in China’s economic stats. When I think about an economic black box China is the economy that comes to mind. This video from Reuters shows a Chinese economist snooping around Chinese ports and commercial areas looking for clues on the ground. What did he find? An economy that looks a lot slower than the one reported by the Chinese government. Some people claim to understand what’s going on in China, but given the many inconsistencies I just don’t see how anyone can claim to be an expert. After all, even Chinese economists feel the need to investigate their own economy….

The video is attached below:

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Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

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