5min chapter

Peter St Onge Podcast cover image

Episode 13: Weekly Update 07.17.2023

Peter St Onge Podcast

CHAPTER

Disney's Magic Kingdom Is Empty

The Wall Street Journal reports that Disney World is quote, just about empty. The resort is even offering hotel discounts for Christmas, which is usually a peak. A downshift in China to two or four percent growth will not play well with a Chinese public who has gotten used to fast growth. And slow growth paired with already historic highs in youth unemployment could lead to political threats and social unrest.

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