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I didn’t go into the 20-30% loss in GDP in detail, but it factors in loss of millions of manufacturing and management jobs, fake/wasteful GDP boosting stopped,
by joefranklinsrs 8y ago
I didn’t go into the 20-30% loss in GDP in detail, but it factors in loss of millions of manufacturing and management jobs, fake/wasteful GDP boosting stopped, loss of FDI, capital outflow, debt deleveraging, 20-30% further drop in Yuan, etc etc
- rgbrenner 8y agoBut where is that coming from? It seems to me you're just throwing out a disaster scenario that isn't backed up by the numbers. China is much larger and more diversified than you seem to be giving them credit.