- Joined
- Sep 22, 2008
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Some say US in recession a long time ago but Janet Yellen kept pumping money in to manipulate the figures.
some countries running out of USD
Lao Auntie also can pump gao li gao li De wohSome say US in recession a long time ago but Janet Yellen kept pumping money in to manipulate the figures.
positioning to fight the BRICS currency once announced
Fed can create $$$$$$ at speed of electrons liaoSome say US in recession a long time ago but Janet Yellen kept pumping money in to manipulate the figures.
China e-cny to rescue on 25th Aug?
China central bank unexpectedly cuts rates to support sputtering economy
https://www.reuters.com/world/china...-time-three-months-support-economy-2023-08-15
SHANGHAI/SINGAPORE, Aug 15 (Reuters) - China's central bank unexpectedly cut key policy rates for the second time in three months on Tuesday, in a fresh sign that the authorities are ramping up monetary easing efforts to boost a sputtering economic recovery.
Old seniors talk to me about china, explained to me that China is an economic powerhouse, my kids weak in Chinese mean no future.China should do nothing. Let the decoupling policies of the West run its course. Biden should enjoy the 'fruits' of his policies.
It seems China has decided to do the same with rate cuts.With the super weak yen and strong balance sheet, Japan went crazy with never before 6% GDP quarterly growth (in recent memory)
https://www.wsj.com/articles/japans-economy-grows-at-6-pace-in-second-quarter-609cca50
Big mistake. The rich Russians are exporting their money out. 12% interest rates will only hurt those inside.Russia hike rates to 12% to support their rouble
https://www.reuters.com/markets/eur...y-350-bp-12-extraordinary-meeting-2023-08-15/
a weaker yen will boost chinese exports.It seems China has decided to do the same with rate cuts.
some alternative media claimed that there's power struggle in Russia, machiam like civil war brewing.Big mistake. The rich Russians are exporting their money out. 12% interest rates will only hurt those inside.