China's great growth days are over, says Bert Dohmen.
It's human nature to deny reality when it is extremely unpleasant. Denial is what is happening now about the China situation.
A China crisis will infect the entire globe. No one will be immune.
Can the country's government keep growth moving or will it fail, just as the Fed did in the U.S.?
Long term, true economic growth in China will be very hard to find.
A serious China recession will eventually throttle global financial markets.
If 'soft' means in quick sand and mud, then China bulls may be correct.
My view for more than a year has been that China would be the source of the next global crisis
This is not the time to own stocks, equity ETFs or mutual funds, or to be long commodity-related areas.