Notes from the front – of 4/5/2016
Western economies slowing, Chinese upturn
Latest data show that the Western economies, led by the US, are once more slowing. At the same time China is experiencing a modest rebound in activity. This real divergence stands in sharp contrast to the propaganda in the Western media and from many economic commentators. The reality is that the source of the world economy’s stagnation is in the west and in particular in the weakness of investment in the Western economies.