The freedom-fighters continue to protest against the Communists in China, but it isn`t cheap. The Hong Kong economy shrank 2,9 percent YoY in the third quarter of 2019. They`re on the way down to recession for the first time since the third quarter of 2009.
The economy is declining while the government spending are growing at a faster pace. What a toxic mix. Government spending increased 5,3 percent while fixed investment declined 16,3 percent. Private consumption shrank 3,5 percent and exports of goods fell 7 percent.
The freedom-fighters in Hong Kong have used masks for months now, but today they celebrated Halloween. But the Hong Kong police fired tear gas into the crowd of masked Halloween protersters.
People in Hong Kong need to know that the rest of the world is supporting them, and everybody in this world must ask themselves what the value of money is compared to freedom? Readers of Shinebull.com know that money is worthless. Freedom isn`t.