Hey, Washington, Stop Bunching Up Your Panties! China's A Paper Tiger

China’s shock currency devaluation last week begs the following questions: Is China a rising giant of the twenty-first century poised to overtake the United States in wealth and military prowess? Or is it a house of cards preparing to implode? Conventional wisdom espouses the former. Yet, hard evidence suggests the latter.

China: Paper Tiger

 

 

 

 

 

https://dailyreckoning.com/china-paper-tiger/

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