2min chapter

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Why Bank Money Is “Disappearing” | Patrick Perret-Green

Forward Guidance

CHAPTER

The Chinese Reopening and the Global Economy

I think China will probably continue to chug along but even on today's credit data you know the property market was is this is a permanent millstone. You've got problems about external demand as said exports have been softening good demand to speak softening and China is primarily a provider of goods so we've got record inventories in the US. Just have to look at freight rates across the Pacific the collapsing container arrivals not just on the west coast but also now in over in New York and New York and ports New Jersey and other portsSo and one other thing I mean I worked in Asia I worked for Big Bank one of the things that the street as a whole is appalling about is China

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