PODCAST: Why China is Winning

Economist and trading coach Jerry Robinson explores stunning facts in the unique case study of how China used a Communistic system and capitalism to surpass the economy of the United States.

• China is now the world’s leading destination for Foreign Direct Investment
• China outperformed the U.S. stock market in 2020 while maintaining a 4% interest rate
• China’s exports reached a record high in 2020 (despite a bitter trade war with Trump)
• China enjoyed the largest increase in its share of global GDP since the 1970s
• China was the only major economy to enjoy economic growth in 2020
• China surpassed the U.S. to become the EU’s largest trading partner
• China is a rapidly growing manufacturing powerhouse (40% of its GDP)
• China is adding the equivalent of the entire Australian economy to its GDP every year
• Nearly 1 billion Chinese have risen out of poverty over the last several decades
• China’s astonishing success exposes the “modernization theory” as a myth
• The bitter fruit of America’s greed
• Why politicians cannot solve America’s financial woes
• Corporations control the U.S. government and the media
• The top 20 corporations earn the same amount annually as the U.S. government
• Take our powerful, insightful Swing Trading Course today!

Jerry closes out today’s show with the words of Jesus regarding the true (and false) measure of a man.