Hey Guys,
Hope you are all managing to hold up well in these market conditions.
And, if you wanted something else to help take your mind off the markets then my latest video is just what the doctor ordered.
I look at one of the most pressing questions for the global economy. And that is whether the Chinese GDP numbers can really be trusted. Many people, academics and organisations have taken these published statistics for granted and have used it as a basis to project growth into the future.
However, there has always been questions around the robustness of this data. This was especially the case recently as China reported unexpected Q1 growth even while they were heading into those crazy lockdowns.
In my video today, I take a deep dive into those GDP numbers and analyse numerous reports that have tried to make sense of unexplained “smoothing”. I also delve into reports of officials reporting false data.
I also break down other aspects of China’s economic growth and why it should be taken with a pinch of salt.
This was an interesting video to make, so I hope you enjoy it!
~~~~~~
⛓️ 🔗 Useful Links 🔗 ⛓️
New York Fed Paper: https://www.newyorkfed.org/medialibra…
Brookings Institute China GDP: https://www.brookings.edu/bpea-articl…
Yale Study Overstate: https://insights.som.yale.edu/insight…
Growth Real?: https://www.economist.com/finance-and…
Wikileaks Doc: https://www.reuters.com/article/us-ch…
False Data Locals: https://www.reuters.com/world/china/c…
False Data in China: https://www.heritage.org/internationa…
China Ghost Cities: https://allthatsinteresting.com/chine…
~~~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
