A three part series where we examine the past, present, and future of China's economy and how it's on a projected downward trajectory for an economic collapse.

What does it mean for China? For the United States? The Global Economy?

Episode 01: What Led to the Rise of the Communist Party

One of the most notable economic reforms was the formation of special economic zones. Starting in 1980 with the city of Shenzhen, these are cities within China that have economic freedom and the ability to set economic freedom independently of the central government. Today, China has over 100 cities that have a population over one million, and is home to six of the world’s megacities, each of which has a population over 10 million. The poverty rate in 1981 was 88%, but by 2015, it had dropped to just 0.7%.

Episode 02 : The Potential Collapse of the Chinese Economy

As of July 2021, the national debt of China stood at 7 trillion dollars and growing by the day, that's 270% of its GDP. Standard and Poor’s global ratings has stated Chinese local governments may have an additional 5.8 trillion dollars in off-balance sheet debt. In early March, China set its 2022 GDP target at 5.5%, the lowest since 1991. These downgrades by major global banks in China's GDP have been happening with more frequency.

Episode 03 : China's Impending Economic Collapse and its effect on the World

Let’s look at what precious metals and rare coins have done during times of economic depressions and recessions. The 1929 crash had gold soaring relentlessly upward the entire time, with Homestake Mining Stock rising approximately 680%. The 1987 crash saw gold prices rise over 30%. The 2008 financial depression had gold rising up nearly 300%. The coronavirus pandemic saw gold go up over 40%. Precious metals and select rare coins have shown steady consistent double digit percentage growth in times of economic boom with some coins even doubling or tripling in that period of time, and when economies start to suffer or go through economic collapse, rare coins start to accelerate in both demand and price.