China’s Economy Is Stalling, So Now They're Trying THIS - Watchdog on Wall Street with Chris Markowski

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China is desperate to boost consumer spending—but their $42 billion "cash for clunkers" style stimulus is too little, too late. As Beijing shifts policy to promote domestic consumption, deeper structural issues are dragging the economy down.
In this episode:

• Why China’s new $42B trade-in program won’t rebalance their economy
• The failed U.S. “cash for clunkers” blueprint they're now repeating
• A crumbling real estate market and no Social Security safety net
• Soaring youth unemployment, falling wages, and creeping deflation
• Why the Chinese public is saving, not spending—and what it signals
• Why Xi Jinping’s central planning can’t replace free market momentum

This does not look promising!

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