16 min listen
China Imploding Now! Triple Lutz Report #493
China Imploding Now! Triple Lutz Report #493
ratings:
Length:
23 minutes
Released:
Aug 25, 2023
Format:
Podcast episode
Description
Kerry Lutz discuss the reasons behind China's economic implosion, including huge borrowing, debt bubbles, malinvestment, and an exploitative mercantilist model. They also touch on corruption in China and how it affects business practices, as well as the unreliability of Chinese statistics. Lutz provides a detailed critique of China's infrastructure and response to natural disasters, including the lack of warning and destruction of property. He also discusses the collapse of the housing market, the perils of the banking industry, and the potential for mass unemployment. Lutz predicts that China's impending collapse will have a significant impact on the global economy, particularly on the production of electronics, medications, and building materials. He warns that the consequences of China's collapse will be far worse than the Great Depression, and that it all depends on whether the transition in China is peaceful or violent. YouTube China Links https://www.youtube.com/watch?v=za4GThXozzY&t=1123s https://www.youtube.com/watch?v=USzMuewAfJA https://www.youtube.com/watch?v=ZLZz1MlJV58 Visit us at https://FinancialSurvivalNetwork.com
Released:
Aug 25, 2023
Format:
Podcast episode
Titles in the series (100)
Student Loan Drive Recession -- Paul Oster #5852: Kerry Lutz and Paul Otter discussed the Supreme Court's decision to strike down the current administration's plan to forgive student loan debt. They highlighted the potential impact on borrowers and the economy, including missed payments, higher... by Kerry Lutz's--Financial Survival Network