Here is what you have to wonder about. China is a country that is suffering, and is a country that will collapse. At least that is what people are thinking.

For example here is a quote that I heard in the media (CNBC Squawkbox).

"China is a construction story, and you have to wonder why they are building factories for exports that don’t exist."

Really? Let’s put this to the smell test. Walmart is doing ok, and expected to do well because people will be trading down. Ask yourself where does Walmart get its products? Mars? The Moon?