Chinas GDP Growth Is a Total LieI think its safe to say that anyone who thinks the United States economy is on the road to recovery, is drinking some serious Kool-Aid. As organizations like shadowstats have shown time and time again, our government likes to fudge the numbers on a regular basis. They think they can keep the party going indefinitely, so long as they convince the world that everything is just fine. You cant trust the numbers, Bill Miller, CEO of LMM Investments, told a room full of investors at CNBCs Delivering Alpha Conference this week. Miller spoke on Wednesday, just hours after China announced that it once again hit its gross-domestic-product growth target of 7%. This despite the fact that its economy seems to be experiencing a major slowdown. But after 25 years of watching China hit the mythical 7% mark without fail, analysts understand the charade. There are dead giveaways everywhere. The most obvious way to tell that Chinas books are cooked, though, is by looking at how its neighbors are faring. Miller noted that Singapores GDP has dropped 4.6% in just the last quarter, and that their manufacturing sector is down 14%. So why is that so telling? Because, Singapore does a lot of trading with China, and the contraction of their manufacturing industry is being caused by a lack of demand from the Chinese. You can also look to Australia, another one of Chinas major trading partners. Theyre also experiencing a significant decline in exports. But thats just whats going on outside of their country. When you look at what goes on inside China itself, its hard to believe that they would still have consistently high growth numbers. It wasnt that long ago that their stock market tanked by more than 30%. I cant recall a single instance where a stock market fell like that, without it causing a contraction of that nations GDP. And, finally, Chinas debt-to-GDP ratio is off the charts. While a large debt wont kill the economy if its in the process of being paid for, China is experiencing quite the opposite. Their debt is actually increasing faster than their economy is supposedly growing. In 2008, their total debt, which includes business loans and household debt, amounted to 125% of their GDP. Today, that number stands at 207%. That means that even if theyre not faking their growth numbers, their GDP is still a lie. Their growth is still being fueled by debt, which means that in the big scheme of things, its not really growth at all. China is just like the United States and the EU. Theyre just another massive world power that is using their economic clout to throw their weight around the world stage. And that economic clout is a big lie. When the world figures out how insolvent and unsustainable these nations really are, their house of cards is going to crumble. Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshuas reports at Facebook or on his personal Twitter. Joshuas website is Strange Danger. In 2008, their total debt, which includes business loans and household debt, amounted to 125% of their GDP. Today, that number stands at 207%. This is misleading; external debt is only 64% compared to US with over 100%. France has 90%, Germany 82%, the Nethrlands 71%to look at the most prosperous nations. The most prosperous nations in the world also are among those with the highest ratio of debt. Using debt, without context, is misleading, and so I suggest this article is wrong in claiming that China is lying about its rate of growth. Keep in mind that the population of Chinese total debt is 282% but US is 331%. Keep in mind that China is 1.8 trillion in debt owed to it (second in the world)while its external debt is 5.2 trillion. The US has public debt of over 18 trillion and is the leading debtor nation in the world in terms of total amount owed. US has a trade deficit with China of $315 billion a year (418 billion total), while When thinking about Chinese debt, these figures will give it context. Bloomberg, which is NOT the Chinese government, projects growth in China of 6.8%. The Chinese GDP is about 19 trillion (largest in the world), and the Singapore GDP is less than 300 billion, or less than 2%. I suggest you cannot draw conclusions that the Chinese government is lying about its financial data based on the economic performance of Singapore, which is about 1.7% of its entire economic activity. This is not to deny that government DO lie, but that the argument made in this article is based on some very shaky assumptions. Interesting stats from our contrarian visitor. However, as usual, a glaring omission is evident. In the attempt to underplay Chinese debt we most note: the yuan is NOT the reserve currency, thus comparisons to the US are largely apples to oranges as far as proximate outcome goes. Second, throwing out endless stats without a view to the larger context or big picture is akin to not seeing the forest for the trees. The house of cards of global economic debt is by DESIGN and any big theatrical implosion targeting any one nation state or the global economy will also be by design. TPTB have enough centralized control to continue to squeeze us slowly, total aggregate resources and the distribution is what matters debt is the side show distraction, the artificial construct that the Banksters use to hypnotize the masses keeping us trapped in the Matrix of lies and tyranny. 