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Call us a conservative news outlet, but we’re guided by the principles of truth, limited government under the Constitution, and personal responsibility. We are the essential news source for freedom-loving Americans. Subscribe to our podcast to enjoy readings of articles and interviews. Then head over to www.TheNewAmerican.com for free daily content, and subscribe to our printed or digital news magazine. For free top daily headlines during the work week: www.thenewamerican.com/top-daily-headlines
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Friday Oct 19, 2018
Chinese Economy Slowing Down, Government Denies It
Friday Oct 19, 2018
Friday Oct 19, 2018
Thanks to efforts by the Chinese communist government to rein in the country’s horrendous national debt (300 percent of the country’s total annual output of goods and services), the Chinese economy was already slowing. According to “official” numbers released earlier this week (always questionable if not outright false), the economy grew by 6.5 percent in the third quarter on an annualized basis, down from 6.7 percent in the second quarter, and down from 12.2 percent just eight years ago.
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