Steve Cortes was on Steve Bannon’s War Room Monday. He discussed growing evidence of China’s failing economy which impacts the US economy greatly. To put it mildly, China’s economy is falling apart.
While China continued to put out robust earnings and growth reports during the past several years, the truth was not close to what was being reported.
In 2021 we saw China’s property sector falling apart. This was a quarter of the country’s GDP in recent years. This was where billionaires were made and now it was falling apart.
Steve Cortes shared on the US and China economies on Monday on The War Room.
“The inflation scenario in this country, which is terrible, in all likelihood is going to get worse, perhaps dramatically worse. In part because of what is going on in China and also in large part because we insist on engaging and escalating an economic war with the nuclear power of Russia, who is engaged in a regional battle that has no significant U.S. national security interest at stake.” -Steve Cortes, @steve
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This will have serious consequences for the United States.