SG Talk

  
Last 3 years, US tried to raise interest rates to 5.5% so as to deplete capital in China to return to USA. The attempt failed.    

Now reverse to lower interest rates, money will flow back to China.   

China huat liao!     

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(30-09-2024, 11:16 AM)webinarian Wrote: [ -> ]   
Last 3 years, US tried to raise interest rates to 5.5% so as to deplete capital in China to return to USA. The attempt failed.    

Now reverse to lower interest rates, money will flow back to China.   

China huat liao!     

.

Huat ah.

   
China IC export almost up 25%.    

Of course, US export of IC will be down.   




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Nah. It is common knowledge tt they raise it to control inflation. The higher rates also hurt the US economy. The interest rate in the US is always set by Fed members who r bankers and not politicians or army generals. Not sure y pple can warped till to think the US uses interest rate as a weapon to attack other countries.

(30-09-2024, 10:48 PM)revealer Wrote: [ -> ]Nah. It is common knowledge tt they raise it to control inflation. The higher rates also hurt the US economy. Not sure y pple can warped till they use interest rate as a weapon.

Try too hard to defend yr master...