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gordongekko's Forum Info
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| gordongekko's Most Liked Post | ||
| Post Subject | Post Date/Time | Numbers of Likes |
| RE: Top Analyst : China economy now is worse than in 1970s | 27-08-2023, 08:51 PM | 4 |
| Thread Subject | Forum Name | |
| Top Analyst : China economy now is worse than in 1970s |
SG Talk
Market Talk
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| Post Message | ||
| The 3 reports presented in this chat so far are : i) China economy is worst than 1970s ii) China economy is unsavable iii) RMB is weaker than dollar i) comparing an economy of different structure not sure how this economist is comparing, sadly it is only available for paid subscribers, i can't read it but it is elementary mistake to use this title to comment an economy. ii) China economy is unsavable, you mean the world will stop trading with China? and Chinese economy coming to a complete stop? not even internal consumption? how misleading is this? iii) favorite and easiest topic. - when FED raising the base lending rate like this and RMB dropping the lending rate, is RMB supposed to be strong ? and why need strong RMB? mind you stabilising RMB and strong RMB have 2 different outcomes and intentions. All the reports are one sided to catch eyeballs. I am not saying that China economy has no problem but to completely write it off and hope to throw out the government of the day, it only show how gullible the readers are. |
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