China Just Erased 35 Years of Progress — Back to 1991.
China didn’t slow down. It fell off a cliff. The CCP just set its most modest growth target since 1991, a range of 4.5% to 5%, in a tacit acknowledgment that the old model powering the country's rapid growth has faltered.
In this video, I break down why China isn’t facing a “temporary downturn,” but an L-shaped collapse that’s sending the country all the way back to 90s, before the middle class even existed.
From housing and jobs to deflation and disappearing confidence, here’s the real story Beijing doesn’t want you to see.