Ratings agency Fitch has downgraded China’s sovereign bond credit from stable to negative because of debt fears. This follows Moody’s downgrade of China in December of last year.
Gary Ng, senior economist at Natixis Asia-Pacific said, “Fitch’s outlook revision reflects the more challenging situation in China’s public finance regarding the double whammy of decelerating growth and more debt.”
Americans should help accelerate more of China’s downgrade by not buying anything made in China. Don’t forget that China is the number one enemy of The United States internationally. We all know who is the number one domestic enemy of The United States. And that is the Party of Chaos. Make no mistake about this fact. Not surprisingly, the Party of Chaos loves the communist dictatorship of China. It’s their mentor.
Copyright © Marc Stockwell-Moniz

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