14-07-2024, 12:14 PM
(13-07-2024, 02:10 PM)Manthink Wrote: Problem with sgbuffett is his beloved fixation for a "China Collapse" has failed him to see the obvious larger picture which tis the Message the NYT reporter is saying in the Final paragraph of this NYT article:![]()
The emphasis on industrial expansion to offset China’s housing crisis is evident in official data: Net new bank loans to industrial borrowers reached $614 billion in the 12 months through March. That was six times annual lending to those borrowers before the pandemic, and almost exactly replaced the loans that previously went to the real estate sector.
The fvker SgButt knows nothing about economy with low level of education.
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