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Why everything is cheap in China?

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1,883,267 просмотров • 5 месяцев назад •via X (Twitter)

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Inflation Is About to Get Much Worse Globally— and China Is the Main Culprit. For decades, the world enjoyed cheap goods, low inflation, and falling manufacturing costs, and Western elites gave central banks the credit. But the real force suppressing inflation was China. Cheap Chinese labor, cheap Chinese goods, and globalization helped hide the true cost of government deficits, aging societies, broken housing markets, and fragile supply chains. Now that era is ending. China is aging, weaponizing supply chains, and pushing the world toward tariffs, reshoring, defense spending, and inflationary fragmentation. In this video, I explain why inflation may not return to the old 2% world and why China’s decline is making everything more expensive.
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