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The Feds Inflation Fight Is Not Good News for China
In normal circumstances, if china's economy contracted like it did in the second qurter of the year, then we'd all be waking up every day and seeing that on the ukno top of our bloomburg terminal riht front. The fed is very aggressively focused on tightening to bring inflation under control. Very likely that's going to tip the us Economy into recession. Same story in europe. China's two x big s, biggest export destinations, are both going to be contracting at exactly the moment china really needs them to be booming.