‘DEBT CRISIS IS COMING’: China now having the beginnings of 2008 downturn, says expert

Gatestone Institute senior fellow Gordon Chang weighs in on Chinese migrants trying to find a way to the U.S. border, the impact of a potential war on Iran-China oil trade and Trump vowing to impose more tariffs on the country.

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[Millerj]

The disastrous decision to repeal the Glass-Steagall Act in the late 1990s led to the spectacular failure of huge banks during the financial crisis of 2007–2008. To prevent a future catastrophe, Dodd-Frank and this Act both need to be revived right away. What happened with SVB is just the start of what will happen if nothing is done to address the current problem.

[tmer]

Since the debt crisis could unleash carnage on the stock market leading to economic downturns. We need to be prepared for potential market volatility. how can I secure my $80K stock portfolio against declining?

[sayalataylor]

Stocks are dropping while bond yields are climbing, yet the market remains skeptical that the Federal Reserve will continue raising interest rates until inflation is fully managed. I'm still uncertain about whether to liquidate my $117k stock portfolio. What’s the best strategy for capitalizing on this bear market?

[stevencorey]

Don't worry, President Kamala is on her way to save the day...by blaming Trump.🤪

[billkelly]

I don't know why we are letting people in if jobs are drying up. They will all be the taxpayers responsibility to take care of

[StephanieMiller-oh]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*

[sharia_law]

Yeah it's China who's having a debt crisis. Not the country owing 35 trillion😂

[seeekerman]

You can "thank" Biden, Harris, Obama and Hillary for This...TRUMP 2024! USA! MAGA!

[vuaeco]

The economy is falling apart. Sh!t is about to hit the fan real hard.

[PamLarson-yt]

Biden and Harris needs to be brought up on treason for not securing the board and bring all these ppl here im very upset over this craziness .we need trump

[Halisco_New_Generation]

Those migrants who come to the U.S. are putting the U.S in a less safe and worse off position.
There is a reason they couldn't enter legally; obviously they have committed some criminal offense in their country and are now running from it. The U.S. being wide open, free to enter, and easy to access just makes sense they would come

[esolat]

What happens to these people when they arrive in S America? Where do they sleep, who feeds them? This is completely organized.

[beaulong]

All economies are too connected. The world is experiencing a downturn.

[flyingcolors]

Don’t come here, we are giving up on our society as well

[袁大陸]

Gordon Chang always said China doomed and collapsed twenty years ago. What he said is rubbish.

[kurjan]

Gordon Chang has no idea what he is talking about. I would wager he has never lived in China let alone visited. People have been coming and going out of China for a thousand years... this is not new! I have lived in China and everything he has said is wrong. Except potentially that the Chinese consumer has slowed down spending, which is true. China is a country of savers, the people are saving cash (and gold) and this is openly encouraged by the government. China is a country of traders, they are building trading partners all over the world, not just questionable countries in the Middle East. Is China perfect? No! But neither are they in the economic tail spin being projected here. The US has got to stop hating on China..!

[johnmiller]

National debt 36 trillion
Is increasing 1 trillion almost every 100 days. At this rate 4 years from now it could be as high as 46 + trillion.

[joserosal]

Vote for Kamala is a vote for open border.

[shishey]

Them rushing to the border..while those who are trying to come in Legally have to wait for years to get approve..
the audacity of these people, and when they cross over they apply for welfare services.
They drain the tax payer's money

[icucmerc]

Start early with diversified investments in Bitcoin, stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.