#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #consumer #china
The more the Chinese government does, the worse you know it must be. China's government is doing even more. That simple rule applies to the global economy since conditions there are a reflection of how it's going around the world. Despite expectations the country has "turned a corner", the data keeps showing just the opposite. Globally synchronized and not in a good way.
Eurodollar University's Money & Macro Analysis
Bloomberg: China Factory, Services Activity Shrink in Snag for Recovery
https://www.bloomberg.com/news/articles/2023-11-30/china-s-factory-activity-shrinks-again-in-sign-of-recovery-woes
SAFE: Balance of paymentsw
https://www.safe.gov.cn/en/2023/1103/2145.html
Twitter: https://twitter.com/JeffSnider_EDU
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7
