And This Isn’t Even a Global Recession Yet.
Auto sales plunged in China over the past four months. What was particularly disconcerting was the sharp deterioration at the end of the year in other markets, not just China. Each market has its own problems, but they’re sure coming together at an awkward moment (13 minutes).
“What we witnessed in November and December was just extraordinary.” Read… Bottom Suddenly Falls Out of Demand in China in Many Sectors
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