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Home / David Stockman /Ooops! Even China’s Debt-Fueled Post Covid Boom Hit The Brakes In April

Ooops! Even China’s Debt-Fueled Post Covid Boom Hit The Brakes In April

Summary:
Like before, it starts with and in China. That country’s National Bureau of Statistics (NBS) reported last night its Big Three estimates for the month of April 2021: Industrial Production; Retail Sales; and, Fixed Asset Investment (FAI). It was difficult to plausibly disguise the thorough disappointment. https://www.davidstockmanscontracorner.com/?p=439428&preview_id=439428&preview_nonce=5669c27b0e&_thumbnail_id=-1&preview=true

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Like before, it starts with and in China. That country’s National Bureau of Statistics (NBS) reported last night its Big Three estimates for the month of April 2021: Industrial Production; Retail Sales; and, Fixed Asset Investment (FAI). It was difficult to plausibly disguise the thorough disappointment.

https://www.davidstockmanscontracorner.com/?p=439428&preview_id=439428&preview_nonce=5669c27b0e&_thumbnail_id=-1&preview=true

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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