China's growing economy and financial turmoil may seem like a world away, but it's closer than you might think. After all, bond yields aren't just plunging around the globe solely because the US may or may not end up in recession. There are far greater and more immediate concerns elsewhere right now, starting with the Chinese. What happens there matters everywhere, too. Even Economists like Paul Krugman have had to come to terms with that.
Eurodollar University's Money & Macro Analysis
X (twitter) Kyle Bass CNBC
https://twitter.com/Jkylebass/status/1734227930933248050
CNN Even 1.4 billion people can’t fill all of China’s vacant homes, ex-official admits
https://www.cnn.com/2023/09/23/business/china-too-many-homes-for-1-4-billion-people-intl-hnk/index.html
World Bank Global Economic Prospects June 2023
https://openknowledge.worldbank.org/server/api/core/bitstreams/6e892b75-2594-4901-a036-46d0dec1e753/content
World Bank Navigating China's Post-Pandemic Growth Path
https://thedocs.worldbank.org/en/doc/cf2c1298e77c50bf1f1e7954ff560bc6-0070012023/original/China-Economic-Update-Dec23-EN.pdf
Krugman Reveals closed-door notes
https://mainichi.jp/english/articles/20160401/p2a/00m/0na/022000c
Twitter: https://twitter.com/JeffSnider_EDU
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7
#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #stocks #retirement
