196: China Falters, Israel’s Oil Danger, and Russia’s Assets Used Against Them w/Joe Brusuelas
China’s economy is on its last legs. Thanks to massive overspending and high unemployment, the Chinese economy is beginning to break down, with real estate prices crashing at a scale similar to 2008 in the US. This is bad news for not only Chinese investors but also global investors with money in China. But could these tumultuous conditions spill over into the global economy?
We’ve got arguably the world’s best economic forecaster, Joe Brusuelas, back on the show to get his take on the global economy and what could be next for the US. Joe has studied the Chinese economy in-depth and sees a…
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