Monday, December 30, 2013

The Chinese Economy Is Softer than Official Statistics Would Suggest

In China, if the economy slows down meaningfully or if there is a crash, it will have a huge impact on the demand from China for raw materials, for commodities. It will impact Australia, Africa, the Middle-East and Latin America...

I’m sure the (chinese) economy is softer than official statistics would suggest and probably the government will start to print money at some point. So maybe stocks will rebound here because of money printing, but again, it won’t help the economy....

There’s a huge capital flight [from China], there’s no question about this. - in Business Insider

Tickers, iShares MSCI Australia Index Fund ETF (EWA), iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares MSCI Brazil Index ETF (EWZ), United States Oil Fund (USO)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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