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China’s problems are only beginning

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Synopsis

I’m back in the saddle again after a successful hip replacement. Thanks to everyone who sent me well wishes.   During my downtime, I’ve been researching a topic that hasn’t been getting the attention it deserves: the disaster unfolding in China. In case you haven’t heard, real estate developer Country Garden is in default… the yuan is selling off hard… and the country’s recent economic data shows no signs of improving anytime soon.   Daniel and I break down the latest data points out of China—including warnings from several companies—and explain why things will get worse before they get better.   I also highlight why the yuan is crashing… why China’s attempts to boost its currency aren’t working… and how the country’s real estate collapse could spill over into another $3 trillion industry.   I share how investors should play the situation… and a couple of companies that rely too heavily on China.   One company that expects to come out unscathed is Nvidia (NVDA). Management recently said China’s slow