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Discontent in China
October 9, 2016 - 6:28pm
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http://www.aljazeera.com/programmes/101east/2016/09/china-economy-160913...
I have posted before on the economic discontent of the general population in Europe and US but here is the view from "socialist" china.
Toward the end the economist says that china is/was consuming 50 % of all commodities in the world. While our trade is rather low with china so actual damage to the trade position will smaller but commodities are priced globally so we have to take price and it will fall. What bubble we have in housing in canada is sideshow compared was it happening in china. The video talks about ghost cities, debt dynamics, worker discontent, and many other issues that are not mentioned in the west about china. As they say knowledge is power than this a powerful video.