my fear is China economy slow down (or crash) as the trigger for the second dip (or next recession) for US. China has 1/5 of the world population who has no money to spend. Most of them are just survive. Their consumption is low compare to their production. US consumers are reaching their limit of their income.
The money (wealth) is in corporates and top 1%. Only chance for the world economy to grow is the corporates spending and top 1% investing more.
not sure about 2012 in this article. Need to understand relationship of 2012 and 1929. Is this prediction?
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