About this episode
LISTEN and SUBSCRIBE on: Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on: https://www.youtube.com/@WatchdogOnWallstreet/featured China is desperate to boost consumer spending—but their $42 billion "cash for clunkers" style stimulus is too little, too late. As Beijing shifts policy to promote domestic consumption, deeper structural issues are dragging the economy down. In this episode: Why China’s new $42B trade-in program won’t rebalance their economy The failed U.S. “cash for clunkers” blueprint they're now repeating A crumbling real estate market and no Social Security safety net Soaring youth unemployment, falling wages, and creeping deflation Why the Chinese public is saving, not spending—and what it signals Why Xi Jinping’s central planning can’t replace free market momentum This does not look promising! www.watchdogonwallstreet.com