How China's Economic Failure Will Affect the Rest of the World

Published: Sept. 6, 2023, 11 p.m.

Elon Musk may soon be in a legal battle with the Anti-Defamation League (ADL). He\u2019s alleging the organization has cost X, formerly known as Twitter, billions in ad revenue. And he claims it has done this by using hate labels\u2014in particular, by accusing X of being a platform for anti-Semitism. Mr. Musk wrote on Monday: \u201cTo clear our platform\u2019s name on the matter of anti-Semitism, it looks like we have no choice but to file a defamation lawsuit against the Anti-Defamation League \u2026 oh the irony!\u201d In other news, it looks like the Chinese economy has reached its breaking point. The real estate market is crumbling. Manufacturing is shutting down. Foreign businesses are leaving China. The Biden administration has declared the CCP economy is uninvestable. And we\u2019ll see what's coming next when President Biden speaks at the upcoming G20 summit. Here to speak with us about this is Milton Ezrati, chief economist at Vested and an Epoch Times contributor. Meanwhile, we\u2019ve been getting fed mixed narratives on the state of the U.S. economy. Many conservatives believe things are getting worse. The Biden administration has repeatedly claimed this just isn\u2019t so. It\u2019s "Bidenomics." Employment is up. Inflation is nothing to worry about. We\u2019re doing better economically than just about anywhere else on earth. But recent data has been contradicting this. Here to speak with us about the issue is Dave Brat. He\u2019s a former U.S. Representative, and now Vice Provost for Engagement and PR at Liberty University. \xa0 \u2b55\ufe0f \U0001f1fa\U0001f1f8Josh's Special Offer\U0001f449 https://ept.ms/JoshSpeicalOffer
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