Wall Street Unplugged - Your Best Source For Finance, Investing & Economics
Trouble is brewing in China—and it should scare every investor
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:37:40
- More information
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Synopsis
With all of our newsletter issues… subscriber updates… this podcast… and special offers… I’ve been working as hard as ever. Meanwhile, the kids are home for the summer—and driving my wife insane. I start today’s show with a funny anecdote about how my dad got us to behave as kids… and why I almost called the cops on my own kids this week. There’s a huge story that isn’t getting the attention it deserves: The U.S. government could soon put restrictions on tech companies that sell chips to China—including the mighty Nvidia (NVDA). (I shared some inside info on this exact topic from a member on last week’s Frankly Speaking podcast… So keep sending me your stories and questions at Frank@curzioresearch.com.) In short, China is in bad shape… and that’s a problem for the entire world. I share some stats on China’s economy that should scare the crap out of you… and why the talking heads in the media are wrong about China’s status as the world’s greatest growth engine. Daniel and I will dig deeper into t