China’s 3 strikes, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty, Life, History

Episode 124:  In this episode we’ll touch on the likely (and risky) market recovery; downplay the significance of Greece (again); and emphasize my belief that the growth barometer is in China (for good or bad).

Over the past 35 years China’s mal-investments have caused overcapacity of industrial production/infrastructure (strike 1), overdevelopment of real estate (strike 2), and now a stock market Ponzi scheme (strike 3).

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