STAFF NEWS & ANALYSIS
Chinese monetary bubble threatens to burst
By Daily Bell Staff – February 29, 2016
Global finance officials promise to shore up sagging growth … Finance officials of the world’s biggest economies promised Saturday to use “all tools” to shore up sagging global growth and to avoid devaluing their currencies to boost exports … -AP
The just-held G20 meetings are being reported by the Western mainstream media with a “facts only” context. In fact, as usual, China’s problems are reported on gently, if at all.
It is China, after all, that holds the economic fate of the world in its hands. It is China that is fueling a lot of the international buying of real-estate, commodities and even consumer goods.
The US is supposedly headed back into recession and Europe never left. China is the biggest factor in world economic growth.