Fake Drains - Why China Flooded - Episode #172
The China Show
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The Problem With Deflation in China
Deflation is one of the worst things that can happen to you Yes Just from a year earlier So looking at July right Yeah July We saw a 0.3% decrease in consumer prices China doesn't have decrease in prices like that That's not supposed to happen It's supposed to be 6% growth Yes Yes And on a bad quarter Yeah yeah If you're watching prices already coming down Over the past year And also 4.4% decrease in producer prices We're already in deflationYeah Of course we're already in the bad part Yeah The problem is that in a healthy economy You might have other sectors that can kind of help out Right In China The vast majority of people Their investments are not in
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