[Nextrush]

Russia has been falling apart now China wow there’s a sucker born every minute they say but I’m not drinking this Kool Aid.

[Brian Griffin]

Walmart is resupplying by department.

It’s really amazing to watch.

[Brian Griffin]

China can wave off US business, which is about 23% of Chinese exports.

What China might not sneer off is being replaced by lower labor cost exporters.

[Fai Mao]

I have noticed in the past that most Chinese are what might be called “Prosperity Patriots”. They will support the government only so long as the good times last.

That said, I’m not holding my breath for the government to fall. But I can hope

[econjack]

Among the changes announced by China’s central bank, the People's Bank of China, is a reduction in the reserve requirement ratio—the minimum amount a commercial bank must hold in reserve—by 50 points, which frees up an estimated 1 trillion yuan in liquidity.

In terms of monetary policy, manipulating the reserve requirement is the equivalent of the Nuclear Option in modern warfare. Few monetary tools have the ability to change the money supply faster than the reserve requirement ratio and, while a 50 point swing sounds small, it is huge!