Marc Faber – The Best Industrial Market
Posted on 07. Jun, 2011 by admin in marc faber
For the latest Marc Faber, go to MarcFaberBlog.com – China is not growing at 7% or 8%. Over the past couple years, they were growing at about 9% or 12%. Since the financial meltdown, Chinese growth slowed down considerably, especially the export sector. Right now, they are growing somewhere between 0% and 3.5%. The bank lending when further into misallocation of resources. A lot of it went into th…
