In only this one way, can we be more like China?
Because Deflation will help them with their massive debt problem. There is nothing better than paying debt back with money that is MORE expensive than what you borrowed. //sarcasm
China is screwed in ways that most of the people in the US simply don’t understand.
The population is old. It is depressed. They are losing their savings, and fast. The young men cannot find wives.
And yet, we hear talk of them being expansionist and aggressive. They are aggressive like a Mal nourished dog with cancer. Leave them alone, they will bark and slobber. But they will also die.
$ prop up CCP. NO $...
Declining prices?
They must have developed a Bidenomics antivenin!
Now they need to figure out a way to export it to the USA!
We will take all they can send !!!!!
More on the Chinese collapse - pick you sector:
China Observer
https://www.youtube.com/@ChinaObserver0/videos
Since when is a price drop suffering?