05-01-2024, 11:52 AM
(05-01-2024, 10:12 AM)sgbuffett Wrote: So conclusion is salary drop in China is a good thing....correct?
Short term good, long term no good.
Sometimes, very difficult to explain inflation and deflation. In simplicity, it is neither good nor bad. But high inflation and high deflation are definitely no good.
“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"