MacroVoices #387 Jeff Snider: On Deflation and Soft Landing
Macro Voices
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The Decline of China's Producer Prices
We're getting into the territory exclusive company like something like 2008, 2009. From a perspective of producer prices, there's not much leeway here. Producer prices are moving the entire economy toward the deflationary recession outcome. The reason is because economic circumstances are becoming more and more recessionary.
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