Talk of The Villages Florida - View Single Post - China Economy with Tariffs
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Old 04-11-2025, 07:59 PM
fdpaq0580 fdpaq0580 is offline
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Quote:
Originally Posted by Caymus View Post
I doubt that anybody ever knows the true state of their economy. They devalue their currency routinely. Are they still building "Ghost Cities"?
I don't know, but a simple look at the populace could be a hint. If everybody seems happy, healthy, feel safe and secure, with good medical care, good educational opportunities, good jobs and has no worries about retirement, buying a home and they are content and at peace. That makes me think their economy is probably pretty good.
If, on the other hand, the poor, old, I'll are worried wondering where or if food, care, help is going to disappear, or the middle class are worried about their companies and jobs could be wiped out, savings stole, investments eaten up due to lack of stability in their country where even millionaires and billionaires can be destroyed on a whim. That country's economy is, imo, pretty shaky.
Then, again, we could just check the standard economic indicators. They have been pretty reliable.