Chinese Economic Numbers: Why Does Anyone Care?

I understand that the market reacts to world events. The stock market is very sensitive to emotion. But why does everyone panic when the economic numbers coming from China are bad? They are a Communist country. Their economic numbers are all BS anyway. Do you really think their economy has grown by 7% over the last 10 years as they claim? Really? Compared to what? There is no basis for comparison. They just make this crap up! That is what Communist governments do. My advice? Don't make any decisions based on what is going on in a phony communist economy. It has no relevance in the real world.

Bernie, Hillary or The Donald?

Who do you think best knows how to create jobs? Socialist Bernie Sanders who believes there is an actual choice to be made between the number of different types of deodorants there are on grocery store shelves and feeding hungry children? Hillary Clinton who believes she should take oil company profits? Or Wharton School of Business graduate (arguably the top B-school in the world) and self-made billionaire Donald Trump? Trump has created more successful businesses - let alone jobs - than the total number of jobs Sanders and Clinton have created combined.

If you actually have to contemplate your answer, we are in bigger trouble than I thought.