Tuesday , November 5 2024
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Behind the Headlines from China — Martin Armstrong

Summary:
This is a direct communication from our staff in China. This is what I mean when I say we have boots on the ground around the world. We do not need to rely on newspapers or TV who love to spin these events. Our direct sources are confirming that life is returning to normal in China. This is not coming from any propaganda put out by the government or other accusations people love to make. I have stated plenty of times, I prefer facts – not speculation. I believe this will peak out also by April/May here in the West. I hope he is correct, but the West is not (yet) taking the stringent measures that China took. The Chinese people are essentially collectivist culturally (we are all in this together), while Westerners, and Americans and Brits in particular, are individualistic culturally

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This is a direct communication from our staff in China. This is what I mean when I say we have boots on the ground around the world. We do not need to rely on newspapers or TV who love to spin these events. Our direct sources are confirming that life is returning to normal in China. This is not coming from any propaganda put out by the government or other accusations people love to make. I have stated plenty of times, I prefer facts – not speculation. I believe this will peak out also by April/May here in the West.
I hope he is correct, but the West is not (yet) taking the stringent measures that China took. The Chinese people are essentially collectivist culturally (we are all in this together), while Westerners, and Americans and Brits in particular, are individualistic culturally (every man for himself). Therefore, measures that are applicable in China may not be as applicable in the West. 

Armstrong Economics
Behind the Headlines from China
Martin Armstrong

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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