Chinese exports graph says ...oh oh.

[dixiegrrrrl]

Notice that Europe and UK have gone below the waterline, while US is also down, and ON the waterline.
What does this say about China's economy?

[IMG][/IMG]

[Warpy]

1. You kill the goose that lays the golden eggs (the demand side)

you've killed the economy. The money pump has been shut off and the only way to restart it is to siphon it off the top and recirculate it at the bottom, priming the pump.

The plutocrats aren't ready to do that.

[cantbeserious]

2. Roger - The Marginal Propensity To Consume For The Ultra-Wealthy Is Close To Zero

I other words, for each additional dollar they siphon from the 99% they have little need to spend that dollar in the economy.

[Fuddnik]

3. Walmart is having a sale?

Doggie chicken jerky treats half off?

[dixiegrrrrl]

4. Actually, I am reading that Taiwan and Vietnam labels are appearing.

In my roaming around the net this am, several comments to the effect that offhshoring to smaller countries is happening, versus China.