Red Ponzi Stumbling: Growth Slows To 4.6% In June

The global macro research firm said, "with the consumer share of total import demand on a downward trend since 2016, we also find little evidence to suggest that China is successfully rebalancing."

 

 

 

 

https://www.zerohedge.com/news/2019-08-20/chart-day-chinas-economy-slows-46-june

 

 

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.