According to Mulvaney, Trump, et al, China is now in a recession due by Trumps brilliant trade war.
China’s economy grew at 6% in the last quarter which was down from it’s 6.2% growth rate in the previous quarter.
The Chinese economy seldom dips below a 6% growth rate in any year.
By contrast the economy of the United States has consistently grown at a 3% rate for quarter after quarter, year after year.
According to Mulvaney, Trump, et al, China is now in a recession due by Trumps brilliant trade war.
China’s economy grew at 6% in the last quarter which was down from it’s 6.2% growth rate in the previous quarter.
The Chinese economy seldom dips below a 6% growth rate in any year.
By contrast the economy of the United States has consistently grown at a 3% rate for quarter after quarter, year after year.
So which economic system is the superior again?