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and I'm not to saying that because I work here. Get started today at banta.com. context to this which you'll get nowhere else which is why you are listening and watching

the no spend news tonight china's economy is in trouble 1.5 billion people most of them very

poor they don't have the basics of life. Some don't

even have electricity out in the western part of that country. It's a huge country. And most people

just get by. And the economy goes south, there's going to be big trouble. And you've got a big

COVID comeback there in China as well.

So here are the facts. So the producer price index, which is the overall indicator of the economy,

is down 1.3% in October from a year ago. And that is not good. Okay. It's the first time that the

producer price index fell fell since December 2020 in

China. But here is the key stat. Prices for pork, which is big in China, pork, up 52%. They can afford it. Fruit up 13%. Now, China's stats are not reliable,

so this is shocking. It's probably worse than that. Okay. And then the export economy,

China makes its money, unlike the United States, in selling products abroad because they have slave labor there.

There are people who don't make any money. So they make the hats and the shirts and everything else.

And they send it abroad and they make a profit and it comes back. It's what their economy is based on. It's an export economy.

It fell 0.3% in october alone okay uh expectations were

for a 4.3% rise in exports in china and it fell 0.3% again this is dangerous in a population that

is living on the margin.

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